BUZZ-T-Mobile falls after brokerages downgrade ratings

** Shares of wireless carrier T-Mobile TMUS.O down 1.6% at $215.59 premarket

** Brokerage RBC Capital Markets downgrades stock to "sector perform" from "outperform"; cuts PT to $240 from $255

** Expects less favorable reward-to-risk ratio based on co's current "full" valuation despite solid execution

** Says co's 2025 growth deceleration is partially attributed to wholesale revenue declines; brokerage waiting for rejuvenated growth, helped by catalysts including industry-wide renewal of wholesale agreements

** Brokerage Wells Fargo downgrades stock to "equal weight" from "overweight", cuts PT to $220 from $240; expects co's EBITDA growth to decelerate despite it being "best in class"

** Sees wireless industry new customer growth to slow in coming years; notes competitor Verizon's VZ.N efforts to improve market share

** 21 of 30 brokerages rate the stock "buy" or higher, eight "hold" and one "sell"; with a median PT of $250 - data compiled by LSEG

** TMUS stock rose 37.6% in 2024

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))