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UPDATE: BMO Capital Initiates Coverage On T-Mobile US

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In a note released Tuesday morning, BMO Capital analyst Kevin Manning initiated coverage on T-Mobile US (NYSE: TMUS) with an Outperform rating and a $40.00 price target.

Manning believes that T Mobile's continued subscriber growth, as well as its acquisition potential, outweigh concerns with the company. In terms of the deal with Sprint, Manning said there is a 60 percent chance the deal will go through, which is above the consensus expectations.

Shares of T-Mobile are down 1.15 percent Tuesday.

Latest Ratings for TMUS

DateFirmActionFromTo
Nov 2017Deutsche BankUpgradesHoldBuy
Nov 2017JefferiesMaintainsBuy
Nov 2017UBSMaintainsBuy

View More Analyst Ratings for TMUS
View the Latest Analyst Ratings

Posted-In: BMO Capital Kevin ManningAnalyst Color Price Target Initiation Analyst Ratings

 

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