Barclays analyst Maurice Patrick downgraded KPN (KKPNY) to Equal Weight from Overweight with an unchanged price target of EUR 4.20. Investing in high quality or momentum is typically the best route in European telecoms, the analyst tells investors in a research note. The firm says this is set to continue in 2025, but that potential consolidation means exposure to “recovery” names also makes sense. It adjusted ratings as part of a 2025 outlook.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KKPNY:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue