Moffettnathanson upgrades t-mobile, yet stock fails to rally

MoffettNathanson, a leading equity research firm, upgraded T-Mobile on Wednesday, but the stock failed to rally as expected. The firm set a target of $254, a 28.4% increase from the extended-hours close, citing the carrier's growing revenues and record net new customer additions.

T-mobile dips despite upgrade

T-Mobile's shares closed at $197.63, a 1.45% decline, despite the upgrade. After-hours, the stock rose 23 cents to close at $197.86. This was not an isolated incident among the