Barclays Reaffirms Their Hold Rating on Telia Company AB (TLSNF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 29 2024
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Source: Business Insider
Analyst Ratings: Barclays analyst Maurice Patrick maintained a Hold rating on Telia Company AB with a price target of SEK32.00, while Citi also issued a Hold rating; however, UBS has a Buy rating for the company.
Company Performance: Telia Company reported a quarterly revenue of $24.26 billion and a GAAP net loss of $18.8 billion, contrasting with last year's revenue of $23.38 billion and a net profit of $1.12 billion, indicating a significant decline in financial performance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
