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Proximus: suffering from negative broker comments

(CercleFinance.com) - Down about 1%, the share of Belgian mobile telephony group Proximus is underperforming the Brussels Bel 20 index (down just over 0.
1% in mid-afternoon trading), with analysts at Deutsche Bank downgrading the share to sell, while lowering their target price to 22 euros (15% downside potential).

Analysts remain concerned about the group's investments, which could increase spending to accelerate the deployment of fiber optics.

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