Exane BNP Paribas analyst Joshua Mills upgraded KPN to Outperform from Neutral with a EUR 3.80 price target. The company is best positioned among the telecom operators to reduce fiber-to-the-home capex and ramp free cash flow by 40% over the next five years, the analyst tells investors in a research note.
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Read More on KKPNY:
- Royal KPN (KKPNY) Declares Q3 Dividend: Important Details for Shareholders
- KPN price target raised to EUR 4.20 from EUR 4 at Morgan Stanley
- KKPNY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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