The Bad PlaceUS Top News and Analysis | This 'deep value stock' is set for big gains ahead, says Oppenheimer
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Oppenheimer upgraded T‑Mobile (TMUS) to an “outperform” rating, calling it a deep‑value stock and setting a $260 price target that implies roughly 39 % upside from the latest close. Analyst Timothy Horan highlighted the carrier’s modest Q1 earnings beat, a raised year‑end adjusted EBITDA outlook of $37.1‑$37.5 billion (above the $36.98 billion consensus), and its ability to use AI to lift prices, keep expenses flat and reduce subsidies, all of which should narrow its roughly 20 % discount to peers. Horan also noted T‑Mobile’s strong buyback program, potential synergies from a possible merger with Deutsche Telekom, and the likelihood that its long‑term guidance remains conservative, leaving room for further upside. The upgrade aligns with the broader market view—24 of 31 analysts currently rate the stock as a buy or strong buy.
#Oppenheimer #T_Mobile #TimothyHoran #DeutscheTelekom #ATT #