Oppenheimer Downgrades T-Mobile (TMUS) to ‘Perform’, Removes PT Due to Subscriber Growth Concerns, Heightened Competition

T-Mobile US Inc. (NASDAQ:TMUS) is one of the best QQQ stocks to buy according to Wall Street analysts. On November 21, Oppenheimer downgraded T-Mobile to Perform from Outperform, while removing the firm’s $300 price target on the shares. Oppenheimer suspects that T-Mobile will struggle to exceed subscriber and free cash flow estimates, given its decade of exceptional market share gains and margin expansion. The firm forecasts that overall industry subscriber growth is slowing, which will heighten competiti ...