UBS downgraded Bezeq Israeli Telecom to Neutral from Buy with a price target of ILS 4.40, down from ILS 6.10. The company’s mid-term case still strong but near-term, risks have increased as incumbent peers offer similar yields, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.