Accueil > Actualité
Actualite financiere : Actualite bourse

Euskaltel: Morgan Stanley cuts target price.

(CercleFinance.com) - Morgan Stanley has cut its target price on Spanish telecommunications company Euskaltel from 11.
5 euros to 11 euros, while maintaining an "overweight" rating on the shares after a sell-off due to competition concerns.

"While promotional activity has stepped up, we believe recent price rises (low-end) continue to support our view," Morgan Stanley writes in a report.

"Looking ahead, we see the Capital Markets Day in November as a key catalyst - with upside in synergies revision and network expansion," it added.


Copyright (c) 2017 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.