Eutelsat: shares up after Morgan Stanley raises target
(CercleFinance.com) - Shares in Eutelsat are up over 2% at 20.
7 euros this morning, after Morgan Stanley raised its target price for the French satellite operator.
The broker's note says that the group has reached a "tipping point," with revenue growth set to resume in 2019.
Morgan Stanley has raised its target price from 20 euros to 21.5 euros, while maintaining an "equal weight" rating on the shares.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
7 euros this morning, after Morgan Stanley raised its target price for the French satellite operator.
The broker's note says that the group has reached a "tipping point," with revenue growth set to resume in 2019.
Morgan Stanley has raised its target price from 20 euros to 21.5 euros, while maintaining an "equal weight" rating on the shares.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.