UBS has given T-Mobile US a 'Buy' rating and set a price target of $255 after CEO Mike Sievert's presentation at a conference hosted by the Swiss bank.
T-Mobile US has confirmed its subscriber growth targets for the full year, indicating that the expected growth in the final quarter is similar to that of the third quarter. However, this suggests that T-Mobile US may not meet UBS' expectations.
T-Mobile US shares closed at $228.86, down 6.12% from the previous trading day. The stock has experienced fluctuations, reaching a high of $243.78 on the previous day and an annual high of $248.14. Trading activity across various exchanges shows a consistent downward trend, with significant drops observed in multiple markets, including AMEX and NYSE.