UBS has increased its price target for T-Mobile US to $255, while maintaining a 'Buy' rating on the stock.
The company's shares closed at $233.61, showing a significant rise of 5.73% from the previous trading day.
Over the past year, the stock has had a notable range, reaching a high of $234.31 and a low of $137.99.
Trading activity has been strong across various exchanges, with T-Mobile US shares at $215.85 on Tradegate, up 5.42%, and $233.91 on AMEX, up 6.04%.
Other exchanges have also reported gains, with the NYSE showing a price of $233.64, up 5.77%, and Nasdaq at $233.61, reflecting a similar increase.
European markets have also experienced positive movement, with prices ranging from €207.05 to €215.90 across different trading venues.