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Fly News Breaks for August 29, 2016
TMUS
Aug 29, 2016 | 05:53 EDT
Wells Fargo analyst Jennifer Fritzsche upgraded T-Mobile US to Outperform saying the company's free cash flow should ramp significantly in 2017. T-Mobile should also see continued positive momentum in subscriber growth and be helped by M&A speculation post the Presidential election, Fritzsche tells investors in a research note. She raised her price target range for the shares to $52-$54 from $48-$50. T-Mobile closed Friday down 32c to $45.96.
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