T-Mobile US (TMUS) Announces Multi-Year Partnership With the United States Golf Association (USGA)

T-Mobile US, Inc. (NASDAQ: TMUS ) is one of the top 10 undervalued blue chip stocks analysts recommend for smart investing . T-Mobile US, Inc. (NASDAQ:TMUS) announced on May 28 a multi-year partnership with the United States Golf Association (USGA), making the company the Official 5G Network Partner of the U.S. Women’s Open, U.S. Open, and additional USGA championships. Management stated that through the partnership, T-Mobile US, Inc. (NASDAQ:TMUS) is delivering the USGA’s first-ever mobile Rules Review, critical event connectivity, and exclusive member experiences.

Separately, T-Mobile US, Inc. (NASDAQ:TMUS) received several rating updates following the release of its financial results for Q1 on April 28. Scotiabank cut the price target on the stock to $263 from $266 on April 29, reiterating an Outperform rating on the shares and telling investors that it believes the company has responded well to increased promotional intensity.

T-Mobile US, Inc. (NASDAQ:TMUS) also received a rating update from BofA the same day. The firm lowered the price target on the stock to $220 from $270, maintaining a Neutral rating on the shares and stating that the company “wrapped up the theme of rational competition and lower device subsidies” for wireless carriers in Q1.

T-Mobile US, Inc. (NASDAQ:TMUS) provides wireless communications services under the T-Mobile and MetroPCS brands. The company offers prepaid and postpaid wireless messaging, voice, and data services, along with wholesale wireless services.

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