Scotiabank raised the firm’s price target on Telecom Argentina (TEO) to $8.20 from $4.50 and keeps an Underperform rating on the shares. This comes after learning the full impact of the Telefonica (TEF) acquisition by Telecom, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TEO: