Shares of T-Mobile US Inc (NASDAQ: TMUS) have lost 3.5 percent of their value over the past month. This, the Vetr crowd seems to believe, has unlocked some room for upside, as evidenced by its average price target of $51.78, which implies a potential return of 13.75 percent from current valuations.
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Seeking to better reflect the larger upside potential, the Vetr community upgraded its rating on shares of T-Mobile on Thursday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) – out of a possible 5 Stars rating.
However, it should be noted that only 57 percent of the crowd’s ratings are bullish at the time, meaning that those positive on the stock are particularly optimistic about the upside potential.