T-Mobile US, (TMUS) PT Raised to $69 at Deutsche Bank Following 1Q

Deutsche Bank raised its price target on T-Mobile US, (NASDAQ: TMUS) to $69.00 (from $68.00) while maintaining a Hold rating following the company's 1Q report.

Analyst Matthew Niknam continues to believe TMUS will significantly exceed peers in regards to volume and revenue growth. However, Niknam questions “what’s incremental?” post 1Q, and believes that a more aggressive stance from the competition could increase risks to churn and pricing.

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