JPMorgan lowered the firm’s price target on Telecom Argentina (TEO) to $9 from $11 and keeps a Neutral rating on the shares. The firm reduced estimates post the Q2 report on a combination of lower growth expectations for TMA and a slower margin ramp-up for TEO.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TEO:
- Telecom Argentina Announces Shareholders’ Meeting for November 2025
- Telecom Argentina Calls Shareholders’ Meeting for Director Appointment
- Telecom Argentina Announces Board Resignation
- Telecom Argentina Secures Major Loan from Bank of China
- Telecom Argentina Secures Loan Agreement with Bank of China