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T-Mobile assumed with an Overweight at Morgan Stanley

Tipranks - Fri Apr 17, 9:26AM CDT

Morgan Stanley assumed coverage of T-Mobile (TMUS) with an Overweight rating and $260 price target and identifies it as a Top Pick. Wireless Service revenue growth is “the lifeblood of the industry” and the firm believes T-Mobile remains “best positioned on both the price and volume sides of the equation,” says the analyst, who adds that T-Mobile benefits from the most favorable pricing dynamics in the industry.

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