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Vienna Stock Exchange: Winners and Losers (2011-07-05)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
Vienna Stock Exchange: Winners and Losers (2011-07-05) / Picture: © Vindobona.org
Goldman Sachs lowered the target price for Telekom Austria from € 11.60 to € 10.30 and confirmed the “Neutral” recommendation. Earnings forecasts were cut due to the devaluation of the Belarusian ruble and the price pressure on the Austrian mobile phone market. EBITDA estimates for 2011 and 2012 were reduced by 3% and 4%,…
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