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Fly News Breaks for September 3, 2019
TEF
Sep 3, 2019 | 05:03 EDT
Macquarie analyst Guy Peddy upgraded Telefonica to Outperform from Neutral while lowering his price target for the shares to 7 euros from 8 euros. Following the stock's recent underperformance, the analyst sees upside potential from Telefonica's monetization of its towers.
News For TEF From the Last 2 Days
TEF
TEF
Apr 22, 2024 | 04:53 EDT
JPMorgan upgraded Telefonica to Neutral from Underweight with a EUR 3.50 price target after resuming coverage of the name. The company's bull case now screens as tempting, but it still faces substantial risks with regards to competition in Spain, the analyst tells investors in a research note.
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