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Fly News Breaks for June 20, 2018
BT
Jun 20, 2018 | 04:51 EDT
Jefferies analyst Jeremy Dellis upgraded BT Group to Buy and raised his price target for the shares to GBP 2.45 from GBP 2.15. Reducing the dividend to increase investment in fiber-to-the-premises networks to satisfy demands by British telecommunications regulator Ofcom could make BT a "geat deal more investable," Dellis tells investors in a research note.
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