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BT Group upgraded to Buy from Neutral at Citi
The Fly

BT Group upgraded to Buy from Neutral at Citi

Citi analyst Georgios Ierodiaconou upgraded BT Group to Buy from Neutral with a 160 GBp price target. As wholesale pricing moves higher, retail prices could see a significant move not just on the back-book but also on the front-book, Ierodiaconou tells investors in a research note. He says BT has "some things that could move in its favor."

Published first on TheFly

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