HSBC analyst Madhvendra Singh downgraded Vodacom to Reduce from Hold with a price target of ZAR 110, down from ZAR 131, citing foreign exchange risks as well as macro and cost headwinds.
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.
Published first on TheFly