UBS upgraded Millicom to Buy from Neutral with a price target of $33, up from $25. The says is a “new story” is unfolding at the company with efficiency and lower competition driving deleverage.
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Read More on TIGO:
- Millicom committee continues to believe Atlas Luxco offer undervalues shares
- The independent committee of the Board of Directors of Millicom (Tigo) continues to believe the public cash offers made by Atlas Luxco S.à r.l. significantly undervalue Millicom’s shares and SDRs and reiterates recommendation not to tender
- Millicom downgraded to Sector Perform from Outperform at Scotiabank
- Millicom’s (Tigo) Independent Committee Reviewing Revised Tender Offers from Atlas Luxco S.à r.l
- Millicom Proposes Amendments Amid Acquisition Talks
