Pacific Crest Maintains T-Mobile US Inc to Overweight with Price Target $53.00

Brokerage firm Pacific Crest Maintains its rating on T-Mobile US Inc(NASDAQ:TMUS). In a research note issued to the investors, the brokerage major Raises the price-target to $53.00 per share. The shares have been rated Overweight. The rating by Pacific Crest was issued on Jul 28, 2016.

In a different note, On Jul 28, 2016, Barclays said it Maintains its rating on T-Mobile US Inc. In the research note, the firm Raises the price-target to $49.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jul 28, 2016, Citigroup said it Maintains its rating on T-Mobile US Inc. In the research note, the firm Raises the price-target to $52.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 28, 2016, Deutsche Bank said it Maintains its rating on T-Mobile US Inc. In the research note, the firm Raises the price-target to $52.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 21, 2016, Jefferies said it Maintains its rating on T-Mobile US Inc. In the research note, the firm Raises the price-target to $45.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 19, 2016, Deutsche Bank said it Maintains its rating on T-Mobile US Inc. In the research note, the firm Raises the price-target to $46.00 per share. The shares have been rated ‘Buy’ by the firm. On Jun 24, 2016, Nomura said it Downgrades its rating on T-Mobile US Inc. In the research note, the firm Lowers the price-target to $46.00 per share. The shares have been rated ‘Neutral’ by the firm.

T-Mobile US Inc (TMUS) made into the market gainers list on Thursdays trading session with the shares advancing 0.25% or 0.12 points. Due to strong positive momentum, the stock ended at $47.33, which is also near the day’s high of $47.36. The stock began the session at $47.23 and the volume stood at 18,52,456 shares. The 52-week high of the shares is $47.4 and the 52 week low is $33.23. The company has a current market capitalization of $38,940 M and it has 82,27,40,120 shares in outstanding.

T-Mobile US Inc(TMUS) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $9.22B. Analysts had an estimated revenue of $9.02B. Earnings per share were $0.25. Analysts had estimated an EPS of $0.20.

Several Insider Transactions has been reported to the SEC. On Jul 19, 2016, J Braxton Ii Carter (EVP & CFO) sold 8,550 shares at $44.75 per share price.Also, On Jul 13, 2016, David A Miller (EVP, General Counsel & Sec.) sold 10,000 shares at $44.00 per share price.On Jun 10, 2016, Neville R Ray (EVP & Chief Technology Officer) sold 6,945 shares at $44.00 per share price, according to the Form-4 filing with the securities and exchange commission.

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