Scotiabank Maintains Sector Outperform on Millicom Intl Cellular, Lowers Price Target to $17.9
Portfolio Pulse from richadhand@benzinga.com
Scotiabank analyst Andres Coello maintains a 'Sector Outperform' rating on Millicom Intl Cellular (NASDAQ:TIGO) but lowers the price target from $20.4 to $17.9.

June 29, 2023 | 2:23 pm
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NEUTRAL IMPACT
Scotiabank has maintained its 'Sector Outperform' rating on TIGO but lowered its price target from $20.4 to $17.9.
The news is directly about TIGO and is important for investors as it involves a change in price target by a major bank. However, the 'Sector Outperform' rating is maintained which indicates that the bank still has a positive outlook on the stock, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100