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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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
