Exane BNP Paribas upgraded Telecom Italia (TIIAY) to Neutral from Underperform. The firm is “cautiously optimistic” on European telecoms in 2025, saying the group may be coming to the end of a multiyear earnings downgrade cycle, supported by merger catalysts in the near term.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio