Wells Fargo Reiterates a Buy Rating on T-Mobile US (TMUS)
T-Mobile US, Inc. (NASDAQ:TMUS) is one of the best long term low volatility stocks to buy right now. On October 20, Wells Fargo analyst Eric Luebchow reiterated a Buy rating on T-Mobile US, Inc. (NASDAQ:TMUS), assigning the stock a $260 price target.
The same day, T-Mobile US, Inc. (NASDAQ:TMUS) announced the launch of “Edge Control” and “T-Platform”, new advanced network solutions redefining mission-critical connectivity for businesses.
Management reported that Edge Control “harnesses America’s only 5G Advanced network with Local Breakout to help slash latency, costs and security risk” all of which is seamlessly controlled by T-Platform, a “first-of-its-kind unified management platform for T-Mobile for Business solutions”.
The company is enhancing its Advanced Network Solutions (ANS) portfolio through capabilities “purpose-built for mission-critical operations”.
T-Mobile US, Inc. (NASDAQ:TMUS) also reported that enterprises across sports, media, and entertainment and public sector are already exploring new possibilities with Edge Control and T-Platform to enhance operations, including industry leaders such as the PGA of America, Formula 1 Heineken Las Vegas Grand Prix and the military.
T-Mobile US, Inc. (NASDAQ:TMUS) provides wireless communications services under the T-Mobile and MetroPCS brands. The company offers prepaid and postpaid wireless messaging, voice, and data services, along with wholesale wireless services.
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Disclosure: None. This article is originally published at Insider Monkey.
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