Morgan Stanley Raises T-Mobile US Price Target to $280, Maintains Overweight Rating

Reported 1 day ago

Morgan Stanley has increased its price target for T-Mobile US, Inc. (TMUS) from $265 to $280, while maintaining an Overweight rating on the stock. The decision reflects updated estimates for the company's free cash flow following new tax laws and acknowledges the company's strong market position despite intense competition. T-Mobile provides a variety of wireless communication services under its brands, and while it remains a solid long-term investment, analysts suggest that certain AI stocks may present greater upside potential.

Source: YAHOO

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