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T-Mobile US (NASDAQ:TMUS) released its quarterly earnings results on Monday. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.16 by $0.32, AnalystRatingsNetwork reports.

T-Mobile US (NASDAQ:TMUS) opened at 29.06 on Monday. T-Mobile US has a one year low of $22.95 and a one year high of $35.50. The stock has a 50-day moving average of $31.84 and a 200-day moving average of $31.85. The company has a market cap of $23.456 billion and a price-to-earnings ratio of 120.55.

TMUS has been the subject of a number of recent research reports. Analysts at Macquarie reiterated a “neutral” rating on shares of T-Mobile US in a research note on Friday, August 8th. They now have a $33.00 price target on the stock, down previously from $38.00. On a related note, analysts at Argus reiterated a “hold” rating on shares of T-Mobile US in a research note on Wednesday, August 6th. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of T-Mobile US in a research note on Monday, August 4th. They now have a $35.00 price target on the stock, up previously from $32.50. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $36.63.

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