Telecommunications stocks Deutsche Telekom and T-Mobile US see analyst updates

Analysts have provided updated outlooks for major telecommunications providers Deutsche Telekom and T-Mobile US.

Bernstein Research maintained a ‘Market-Perform’ rating for Deutsche Telekom with a price target of 28.10 EUR. The assessment follows reports that EU member states have proposed easing the European Commission’s timeline regarding the mandatory replacement of network components from providers such as Huawei and ZTE. This potential regulatory shift is expected to benefit companies like Deutsche Telekom and Vodafone.

Regarding T-Mobile US, analysts maintain a generally positive outlook. Out of four analysts reporting in the past month, three recommend a ‘Buy’ and one recommends ‘Hold’. The average price target for T-Mobile US is 235.00 USD, representing a significant potential increase from its recent trading price. Bernstein Research set a target of 220.00 USD, while JP Morgan Chase & Co. set a target of 260.00 USD.