Barclays raised the firm’s price target on Tim SA (TIMB) to $16.50 from $16 and keeps an Equal Weight rating on the shares. The firm updated estimates for the latest currency moves and the publication of the company’s final results. It continues to see a “very attractive” risk/reward for the shares.
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 TIMB: