Major Bank Ratings | Bank of America: Upgrades T-Mobile to “Buy”; Satellite competition threat is overstated
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Glonghui July 7｜Bank of America has upgraded T-Mobile’s rating from “Neutral” to “Buy,” maintaining the target price at $220. The bank believes that the market is overreacting to concerns about low Earth orbit (LEO) satellite competition, and among the major U.S. telecom operators, T-Mobile is the least affected by this threat.
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