Altice: Barclays reiterates 'overweight' rating

(CercleFinance.com) - Barclays reiterates its "overweight" rating on Altice after the European telecoms group reported its fourth-quarter results last week.


Whilst momentum softened internationally, the numbers delivered upside surprise in France, the broker said, with the figures even supporting an eventual turnaround, it added.

Also, BarCap thinks progress and confidence in financial restructuring appear "strong" after recent disposals in the Dominican Republic and the group's tower business.

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