T-Mobile Downgraded by Wells Fargo: New Target $220

Wells Fargo downgrades T-Mobile (TMUS) to Equal Weight, citing slowing EBITDA and free cash flow growth. New price target set at $220 from $240.

A sleek and modern illustration of T-Mobile's logo with financial graphs in the background indicatin
T-Mobile Downgraded by Wells Fargo: New Target $220

T-Mobile (TMUS) downgraded to Equal Weight from Overweight by Wells Fargo with a price target decrease to $220 from $240. Decelerating EBITDA and free cash flow growth.

Source