“This Tech Stock Just Raised Its Dividend by 35%, and Analysts Are Raising Their Price Targets”
September 25, 2024
“Following its Capital Markets Day on Wednesday, T-Mobile (NASDAQ: TMUS) announced a whopping 35% increase to its dividend. T-Mobile just introduced a dividend to shareholders last year for the first time…
In the wake of Analyst Day, analysts at Evercore raised their price target on T-Mobile to $220, up from $210. The analysts called T-Mobile the most attractive story in the cable and telco industries, raising the target based on a valuation based of 13.4 times 2027 free cash flow…”
https://finance.yahoo.com/news/tech-stock-just-raised-dividend-083000899.html