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Fly News Breaks for May 12, 2016
TEO
May 12, 2016 | 05:47 EDT
JPMorgan analyst Andre Baggio upgraded Telecom Argentina to Neutral citing a recovery in fixed-line tariffs, expectations for EBITDA growth in 2016 and an attractive dividend yield. The analyst raised his price target for the shares to $20 from $15.50.
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