JPMorgan analyst Sebastiano Petti raised the firm’s price target on T-Mobile (TMUS) to $300 from $280 and keeps an Overweight rating on the shares. The firm updated the company’s estimates ahead of the Q3 results to reflect recent conference commentary and the inclusion of US Cellular. Following “bullish” commentary at a recent conference, JPMorgan upped its Q3 postpaid phone net additions to 850,000 to reflect share gains in a more active switching environment.
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