Scotiabank analyst Maher Yaghi upgraded T-Mobile to Sector Outperform and raised the price target to $277.50, sending the stock higher on Wednesday. Yaghi said last week’s 10% drop in T-Mobile shares was an overreaction, noting the company’s phone net adds remain in line with its four-year average. T-Mobile maintained a 35% share of phone net additions in the first quarter, matching its performance in the same period last year and aligning with its four-year average. Yaghi expects 1.5 to 2% annual subscriber growth in 2025, highlighting T-Mobile's steady position. The analyst projected T-Mobile’s second-quarter revenue at $20.81 billion and earnings per share at $2.63.
