Deutsche Telekom: down on an analyst downgrade

(CercleFinance.com) - Bucking the trend in Frankfurt, Deutsche Telekom is down nearly 2%, penalized by comments from Oddo BHF, which downgraded its opinion from 'outperform' to 'neutral', the share price having met its target increase from €25.
5 to €27.

T-Mobile US has announced a shareholder return that is still good, but more modest than expected, which could result in Deutsche Telekom also announcing at the October CMD a return that is less than the expectations that have formed in recent months", warns the analyst.

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