Citi Raises PT on Sprint and T-Mobile
January 03, 2014 at 11:15 AM EST
Citi analyst Michael Rollins raised the price targets on Sprint (NYSE: S ) and T-Mobile U.S. (NYSE: TMUS ) to better reflect option value from the possible merger scenario. Sprint's price target was raised from $8.50 to $10.50 and T-Mobile's PT increased from $28.00 to $33.50. Following media
