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Fly News Breaks for February 21, 2020
S, TMUS
Feb 21, 2020 | 08:31 EDT
Raymond James analyst Ric Prentiss downgraded T-Mobile (TMUS) to Outperform from Strong Buy with a price target of $107, up from $99. The analyst updated his mode; to reflect the new business combination agreement with Sprint (S), which he notes change the exchange ratio for SoftBank and adds $4 per share of incremental value to his target price. The analyst still believes the merger will give T-Mobile increased scale to push margins and cash flows higher. However, the combination still faces a "major, multiyear integration effort," Prentiss tells investors in a research note.
News For TMUS;S From the Last 2 Days
S
Dec 3, 2021 | 11:28 EDT
Paul Singer's Elliott Management disclosed in an SEC filing last month its holdings as of September 30, 2021, shedding light on what the firm has been buying and selling recently as well as on its largest stock bets. Top 5 Holdings:Dell... To see the rest of the story go to thefly.com. See Story Here