T-Mobile Upgrade On Subscriber Momentum, Bidding War?

By | August 4, 2014

Scalper1 News

T-Mobile US (TMUS) got an upgrade Monday from an investment bank that reacted favorably to its subscriber momentum and said a bidding war for the company could materialize. Evercore Partners on Monday upgraded T-Mobile stock to outperform from market perform and hiked its price target to 40 from 34. The upgrade comes after French telecom company Iliad SA last week submitted a $15 billion, or $33 a share, offer for Scalper1 News

Scalper1 News