Goldman Sachs downgraded Vodafone (VOD) to Sell from Neutral with a $10.09 price target The firm has reduced confidence in the company’s organic growth and returns outlook with limited upside from mobile consolidation. Vodafone screens weak on both relative to peers, the analyst tells investors in a research note.
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 VOD:
- Vodafone price target raised to 135 GBp from 130 GBp at Deutsche Bank
- Tesla reports Q2 deliveries, Centene withdraws guidance: Morning Buzz
- Vodafone resumed with an Equal Weight at Morgan Stanley
- Vodafone, AST SpaceMobile announce SatCo to be headquartered in Luxembourg
- AST SpaceMobile and Vodafone announce strategic partnership
