United States Cellular Corp has a consensus price target of $60.67 based on the ratings of 5 analysts. The high is $75 issued by Wells Fargo on May 30, 2024. The low is $38 issued by Morgan Stanley on September 11, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, JP Morgan, and JP Morgan on May 30, 2024, May 29, 2024, and May 13, 2024, respectively. With an average price target of $65 between Wells Fargo, JP Morgan, and JP Morgan, there's an implied 15.23% upside for United States Cellular Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for United States Cellular (NYSE:USM) was reported by Wells Fargo on May 30, 2024. The analyst firm set a price target for $75.00 expecting USM to rise to within 12 months (a possible 32.96% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for United States Cellular (NYSE:USM) was provided by Wells Fargo, and United States Cellular upgraded their overweight rating.
The last upgrade for United States Cellular Corp happened on May 30, 2024 when Wells Fargo raised their price target to $75. Wells Fargo previously had an equal-weight for United States Cellular Corp.
The last downgrade for United States Cellular Corp happened on January 10, 2023 when Wells Fargo changed their price target from $33 to $20 for United States Cellular Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of United States Cellular, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for United States Cellular was filed on May 30, 2024 so you should expect the next rating to be made available sometime around May 30, 2025.
While ratings are subjective and will change, the latest United States Cellular (USM) rating was a upgraded with a price target of $38.00 to $75.00. The current price United States Cellular (USM) is trading at is $56.41, which is within the analyst’s predicted range.
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