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T-Mobile Stock Hit with 2 Downgrades Today
TMUST-Mobile(TMUS) Schaeffers Investment Research·2025-01-06 15:49

Shares of telecommunications name T-Mobile US Inc (NASDAQ:TMUS) are down 3.7% at 210.91atlastglance,followingtwobearnotes.WellsFargodowngradedthestockto"equalweight"from"overweight,"withaprice−targetcutto210.91 at last glance, following two bear notes. Wells Fargo downgraded the stock to "equal weight" from "overweight," with a price-target cut to 220 from 240,whileRBCslasheditsratingto"sectorperform"from"outperform,"withaprice−targetcutto240, while RBC slashed its rating to "sector perform" from "outperform," with a price-target cut to 240 from $255. Both firms cited TMUS' high valuation and decelerating growth. Of the 30 analysts in coverage, 21 still carry a "buy" or better rating, leaving plenty of roo ...