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Raymond James Maintains a Buy Rating on T Mobile US (TMUS)

Raymond James analyst Ric Prentiss maintained a Buy rating on T Mobile US (TMUSResearch Report) today and set a price target of $160.00. The company’s shares closed last Thursday at $134.54.

According to TipRanks.com, Prentiss is a 3-star analyst with an average return of 1.5% and a 59.4% success rate. Prentiss covers the Technology sector, focusing on stocks such as Telephone & Data Systems, United States Cellular, and Spire Global.

Currently, the analyst consensus on T Mobile US is a Strong Buy with an average price target of $174.00, implying a 30.2% upside from current levels. In a report issued on June 24, Tigress Financial also reiterated a Buy rating on the stock with a $195.00 price target.

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T Mobile US’s market cap is currently $168.7B and has a P/E ratio of 60.18.

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Founded in 1994, T-Mobile US, Inc., a wireless network operator, provides wireless communications services for branded postpaid and prepaid, and wholesale customers under the T-Mobile and MetroPCS brands. The company is headquartered in Bellevue, Washington.

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