Telephone and Data Systems (TDS) Target Price Lowered by JPMorgan | TDS Stock News

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May 28, 2025

JPMorgan has adjusted its price target for Telephone and Data Systems (TDS, Financial), reducing it from $56 to $53 while maintaining an Overweight rating. This adjustment follows the company's first-quarter report, which prompted the firm to revise its model for TDS. The updated expectations account for lower broadband net additions, recent divestitures, and continued challenges in video, landline voice, and commercial revenues.

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