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BofA On Telefónica: 3 Meaningful M&A Catalysts
Friday, May 14, 2021 - 12:47pm | 264The first-quarter results released by Telefonica S.A. (NYSE: TEF) suggest diminishing currency headwinds and easing COVID-19 comps from the second quarter should benefit the company’s organic growth recovery, according to BofA Securities. The Telefonica Analyst: David Wright maintained a Buy...
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BofA Downgrades Vodafone, Says European Telecom Faces Short-Term Downside
Thursday, August 30, 2018 - 10:10am | 331Vodafone Group (NASDAQ: VOD) faces many headwinds to warrant a positive rating, according to Bank of America Merrill Lynch. The Analyst Bank of America analyst David Wright downgraded Vodfaone from Buy to Neutral and lowered the price target from $260 to $202. The Thesis Vodafone has downside...
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BofA Sees Growth Acceleration Ahead At Vodafone, Upgrades To Buy
Wednesday, April 20, 2016 - 12:02pm | 239Shares of Vodafone Group Plc (ADR) (NASDAQ: VOD) are up 10 percent year-to-date. BofA Merrill Lynch’s David Wright upgraded the rating for the company from Neutral to Buy, while raising the price objective from $247 to $260. Reinvestments To Yield Results Vodafone has taken several...
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Bank Of America Believes Vodafone Group PLC Is Likely Buyer Of Fastweb
Wednesday, October 8, 2014 - 7:56am | 129In a report published Wednesday, Bank of America analyst David Wright reiterated a Neutral rating and $33.22 price target on Vodafone Group PLC (NASDAQ: VOD). In the report, Bank of America noted, “VOD is in recovery mode but this is fragile and consensus expectations are increasingly optimistic,...
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Bank Of America Sees UK Turnaround As Tough For Vodafone Group plc
Wednesday, September 24, 2014 - 9:27am | 179In a report published Wednesday, Bank of America analyst David Wright reiterated a Neutral rating and $33.22 price target on Vodafone Group plc (NASDAQ: VOD). In the report, Bank of America noted, “BT plans a consumer mobile launch in calendar Q1 2015 and possesses a formidable arsenal of assets to...
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David Wright Feels Stock Market May Touch Further Lows
Friday, June 11, 2010 - 11:30am | 486In an article on TheStreet.com, fund manager of Sierra Core Retirement Fund (MUTF: SIRAX), David Wright stated his belief that the stock market downturn is not yet over. More than half of the SIRAX mutual fund is kept in cash by him. On being asked whether the worst is over for stocks “No, not at...
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Dollar Set to Rally as Stocks Stagnate (UUP)
Thursday, February 25, 2010 - 10:58am | 240SANTA MONICA, Calif. (TheStreet) -- David Wright, manager of the Sierra Core Retirement Fund(SIRAX Quote), says the value of the dollar could skyrocket as investors flee riskier assets. The $246 million fund has returned 34%% during the past year, trailing the 42% advance of the S&P 500 Index...