Citi downgraded Telenor (TELNY) to Neutral from Buy with a NOK 167 price target The firm downgraded the Nordic telecommunications operators citing a lack of share catalysts amid tougher competition in Finland and a lack of consolidation news.
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 TELNY:
- TELNY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Telenor price target lowered to NOK 160 from NOK 163 at Deutsche Bank
- Telenor downgraded to Neutral from Outperform at BNP Paribas
- Telenor downgraded to Hold from Buy at Pareto
- Telenor price target raised to NOK 170 from NOK 165 at JPMorgan
