KeyBanc analyst Brandon Nispel upgraded T-Mobile US Inc. to Overweight from Sector Weight with a $155 price target. The price target implied an upside of 23 percent.
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.
By Anusuya Lahiri
© 2021 The Epoch Times. The Epoch Times does not provide investment advice. All rights reserved.
