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T-Mobile price target raised to $250 from $220 at Benchmark

Benchmark analyst Matthew Harrigan raised the firm’s price target on T-Mobile to $250 from $220 and keeps a Buy rating on the shares based off management’s new guidance through 2027. A “new impetus for fostering favorable switching activity and even more superior customer retention” is T-Mobile’s new Intent CX platform to enable and enhance the customer service experience, with AI capabilities to be developed in tandem with OpenAI, the analyst tells investors.

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