T-Mobile's Customer Growth Outpaces Verizon, AT&T Combined: Analysts Raise Forecasts

Benzinga · Oct 25 00:55

T-Mobile US Inc(NASDAQ:TMUS) shares were climbing in early trading on Thursday, after the company announced strong third-quarter results.

The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

Oppenheimer On T-Mobile US

AnalystTimothy Horanmaintained an Outperform rating, while lifting the price target from $215 to $250.

T-Mobile US reported revenues of $20.2 billion, up 4.7% and beating expectations by 120 basis points (bps), Horan said. The company generated "industry-leading" service revenue growth of 5.1%, driven by the highest ARPA (postpaid average revenue per account) growth in seven years and higher-than...

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T-Mobile's Customer Growth Outpaces Verizon, AT&T Combined: Analysts Raise Forecasts

Oppenheimer On T-Mobile US

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