RBC Capital Raises T-Mobile Price Target to $270 After Strong Q2

BMO Capital analyst Keith Bachman has maintained a 'Market Perform' rating on Telos Corp (TLS) while significantly raising the price target from $2.25 to $4.50, reflecting renewed confidence in the company's cybersecurity and secure network solutions. Despite this optimism, the average one-year price target among analysts is $4.95, suggesting only modest upside potential from the current price, with some estimates even indicating a possible downside. Meanwhile, RBC Capital increased its price target on T-Mobile US (TMUS) from $265 to $270 following a strong Q2 performance that exceeded expectations in EBITDA, free cash flow, and subscriber growth, leading the company to raise its guidance. T-Mobile's operational momentum and robust customer demand have drawn considerable hedge fund interest, including that of Warren Buffett's portfolio. However, some analysts suggest that certain AI stocks may offer greater upside potential and less downside risk compared to telecom companies like T-Mobile. Both Telos and T-Mobile remain key players in their sectors, with recent analyst actions highlighting cautious optimism amid competitive and market dynamics.