T-Mobile Stock Gets A Lift As Subscriber Growth Holds Steady
1. Scotiabank upgraded TMUS to Sector Outperform, raising the price target. 2. T-Mobile's phone net adds remain consistent with the four-year average. 3. Market loading in the wireless sector is healthy, with 8.5 million annual run rate. 4. Analyst cites overreaction to recent stock drop; growth path remains strong. 5. Second quarter projections estimate $20.81 billion in revenue and $2.63 EPS.