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Fly News Breaks for October 24, 2019
DTEGY
Oct 24, 2019 | 05:44 EDT
Citi analyst Georgios Ierodiaconou downgraded Deutsche Telekom (DTEGY) to Neutral from Buy with a price target of 17.50 euros. The analyst sees near-term uncertainty, mainly due to the integration of Sprint (S) with T-Mobile (TMUS). This could lead to a dividend reset and possible financial headwinds, Ierodiaconou tells investors in a research note.
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