Scotiabank downgraded Megacable (MHSDF) to Underperform from Sector Perform. The firm, which downgraded the shares after an analyst meeting, advises investors in the space to have long positions in Outperform-rated Millicom (TIGO), which is committed to delivering strong EFCF in 2024 on top of M&A optionality.
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Read More on TIGO:
- Millicom price target raised to SEK 195 from SEK 170 at Barclays
- Millicom (Tigo) Q3 2023 Earnings Release
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- Millicom downgraded to Hold from Buy at HSBC
- Millicom (Tigo) notice of third quarter 2023 results and video conference
