T Mobile US (TMUS): New Buy Recommendation for This Technology Giant

In a report released today, John Hodulik from UBS maintained a Buy rating on T Mobile US (TMUSResearch Report), with a price target of $180.00. The company’s shares opened today at $150.02.

According to TipRanks, Hodulik is a 4-star analyst with an average return of 8.1% and a 69.46% success rate. Hodulik covers the Technology sector, focusing on stocks such as T Mobile US, Equinix, and Netflix.

T Mobile US has an analyst consensus of Strong Buy, with a price target consensus of $182.08, representing a 21.37% upside. In a report released today, Cowen & Co. also maintained a Buy rating on the stock with a $199.00 price target.

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The company has a one-year high of $154.38 and a one-year low of $116.91. Currently, T Mobile US has an average volume of 5.23M.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TMUS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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