Telecom Italia upped to buy at Deutsche Bank

LONDON (MarketWatch) — Telecom Italia was upped to buy from hold at Deutsche Bank, though it cut the telecom’s target price to 80 euros from 90 euros after the profit warning from TIM Brazil and “unexciting” German margins. “However, these assets are not a concern as they could be attractive M&A targets,” the broker said.
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Original post by Forextvblog

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