Iliad: Barclays upgrades stock

(CercleFinance.com) - Barclays has upgrade its rating on Iliad from "equal weight" to "overweight," while raising its corresponding target price from 113 euros to 165 euros, in a report on European telecom operators.


"After the strong Q4 results we now see a path to the OpFCF guidance and look for increased exposure to the French market that should remain rational," the broker says, which also sees Iliad less exposed to the Covid-19 impact.



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