Barclays raised the firm’s price target on Telefonica (TEF) to EUR 4.70 from EUR 4.60 and keeps an Equal Weight rating on the shares.
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 TEF:
- Telefónica Announces Leadership Transition Reflecting New Shareholding Structure
- Telefonica’s Board of Directors appoints Marc Murtra as Executive Chairman
- Spain’s government looks to replace Telefonica CEO Pallete, Bloomberg says
- Epic Games Wins Huge Deal to Add Its Marketplace App to Android Phones