Why T-Mobile (TMUS) Stock Is Gaining In Pre-Market Trading Today

NEW YORK (TheStreet) -- T-Mobile (TMUS) shares are up 0.5% to $33.60 in pre-market trading on Monday after being upgraded to "overweight" from "equal weight" with a $40 price target by analysts at Evercore Partners  (EVR).

The firm's price target represents a 21% increase from T-Mobile's previous closing price.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TMUS ChartTMUS data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

Google Has a Long History in Making Phones Just Like Apple

These Stocks Pay You to Own Them

T-Mobile-Sprint Merger's First Big Challenge: Who Will Control It?

A Sprint/T-Mobile Deal Still Faces Big Hurdles, Especially for Sprint