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KeyBanc Upgrades T-Mobile Stock To Overweight With Price Target Implying 33% Gain

KeyBanc Upgrades T-Mobile Stock To Overweight With Price Target Implying 33% Gain

Key Stats for T-Mobile US Stock

  • Price change for T-Mobile US stock Today: -2%
  • $TMUS Share Price as of Apr. 13: $192
  • 52-Week High: $268
  • $TMUS Stock Price Target: $268

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What Happened?

T-Mobile (TMUS) stock was ticking higher on Monday after KeyBanc Capital Markets upgraded the company from Sector Weight to Overweight. The firm set a $260 price target, which implies around 33% upside from current levels.

  • KeyBanc described T-Mobile as an industry leader well positioned for sustained growth in both mobile and broadband.
  • The upgrade is based on several things coming together at once.
  • KeyBanc…

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