In a report published Wednesday, Credit Suisse analyst Joseph Mastrogiovanni initiated coverage on T-Mobile US TMUS with an Outperform rating and $30.00 price target.
In the report, Credit Suisse noted, “T-Mobile trades at a discount to peers, largely due to fear that a turnaround in its business can't last. We believe the company can sustain the turnaround and that valuation will move more in line with peers as management delivers results.”
T-Mobile US closed on Tuesday at $25.09.
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