Here's Why KeyBanc Upgraded T-Mobile US

March 23, 2022 10:30 AM | 1 min read |

KeyBanc analyst Brandon Nispel upgraded T-Mobile US Inc TMUS to Overweight from Sector Weight with a $155 price target. The price target implied an upside of 23%.
Also Read: Analysts Continue To See Sharp Upside In T-Mobile US Post Q4
The stock alleviated most of the analyst's concerns since his August downgrade.
He sees a best-in-class 5G network, margin expansion, and material-free cash flow generation.
Nispel sees a positive near-term risk/reward greater than 2-to-1 risk/reward in his bull case.
Price Action: TMUS shares traded higher by 0.36% at $126.14 on the last check Wednesday.