DEUTSCHE TELEKOM : price target raised by Oddo BHF
TMUS accounts for 80% of Deutsche Telekom Group's consolidated FCF and 95-100% of FCF growth", the research firm points out, estimating that "T-Mobile will contribute a further 16-19% of FCF in 2024".
The analyst justifies his target increase by a still high T-Mobile share price (+4% over one month) and a slightly better dollar than in his previous statement, as well as by new T-Mobile forecasts at the end of the last quarter of 2023.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction