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Fly News Breaks for June 12, 2018
TKC
Jun 12, 2018 | 06:40 EDT
JPMorgan analyst JP Davids started Turkcell with an Overweight rating and TRY 17 price target. While Turkey presents top-down challenges for equity investors, the growth potential for the telecom sector is better relative to peer markets, Davids tells investors in a research note. He believes Turkcell is "particularly well placed to capture the billion dollar opportunity" in data sovereignty.
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