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Fly News Breaks for March 13, 2018
TMUS
Mar 13, 2018 | 08:25 EDT
Guggenheim analyst Mike McCormack initiated coverage of the Telecom Services space, naming T-Mobile as his Best Idea in the group, noting that it has added about 12.2M subscribers in the last 3 years by taking share, which he sees as "the only driver of meaningful growth for the industry." He started T-Mobile with a Buy rating and $80 price target.