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Fly News Breaks for April 27, 2016
TMUS
Apr 27, 2016 | 08:00 EDT
Oppenheimer analyst Timothy Horan continues to believe T-Mobile's standalone story is "attractive" with potential mergers and acquisitions upside long term. Leverage from growing revenues, network synergies, and lower costs from the use of cloud-based technologies will drive further margin improvements, the analyst tells investors in a research note. Horan reiterates an Outperform rating and $48 price target on the shares.
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