Key Takeaways.
- Following a downgrade in T-Mobile US by two analysts who also reduced their price targets, the shares of the company fell.
- T-Mobile’s subscriber growth is lagging behind rivals AT & T and Verizon Communicatio, as per Wells Fargo.
- According to the bank, it has already achieved an Industry-leading subscriber and EB I T D A growth.
- The stock’s price target was lowered by RB C and its rating was downgraded by $15.
T-Mobile US (. TM U S. Analysts at Wells Fargo and RB CC apital Markets downgraded the stock on Monday, resulting in a drop in shares. .
The rating of Wells Fargo’s T-Mobile stock was downgraded to “equal weight” and its price target was lowered to $220 from $240, marking a significant shift away from being overweight. 1. The phone company’s share price dropped by roughly 4% on The previous day, dropping to $210.88. .
T-Mobile is expected to maintain its position as the leader in subscriber and financial growth in the coming years, but its growth is slowing down as it matures and moves beyond the Sprint integration stage. Synergies. , “Wells Fargo said. .
Industry-leading subscriber and. EB I T D A. The analysts stated that Growth is already costly, making T-Mobile less compelling than AT & T. T. ) and Verizon Communications (. VZ. ). .
According to RB CC apital Markets analysts, they have downgraded their T-Mobile rating to” sector perform “from” outperform “and reduced their price target to $240 from $255. 2.
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