Barclays analyst Tavy Rosner downgraded Cellcom Israel (CELJF) to Underweight from Equal Weight with a price target of ILS 25, up from ILS 21. Israeli companies navigated 2024 with “remarkable strength,” the analyst tells investors in a research note. Looking ahead, the firm sees most upside potential across banks, insurance and real estate. Inline with its relative rating approach Barclays adjusted ratings into 2025.
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