Jul. 9 at 12:39 PM
$TMUS KeyBanc downgrades T-Mobile
KeyBanc is moving to the sidelines on T-Mobile
stock.
The firm downgraded the telecommunications stock to underweight in a Tuesday note, alongside a
$200 per share price target. KeyBanc’s forecast implies more than 15% downside from Tuesday’s
$235.97 close.
″[W]e think that T-Mobile is unlikely to show much upside vs. expectations,” analyst Brandon Nispel said.