B of A Securities Downgrades Telkom Indonesia to Neutral
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Sukriti Bansal has downgraded Telkom Indonesia (NYSE:TLK) from Buy to Neutral.
September 20, 2023 | 8:34 am
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Telkom Indonesia has been downgraded from Buy to Neutral by B of A Securities.
The downgrade from Buy to Neutral by B of A Securities indicates a less optimistic outlook for Telkom Indonesia. This could potentially lead to a decrease in the stock's price in the short term as investors may perceive this as a signal to sell or hold off on buying the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100