Scotiabank Maintains Sector Outperform on Millicom Intl Cellular, Raises Price Target to $26.1
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andres Coello has maintained a Sector Outperform rating on Millicom Intl Cellular (NASDAQ:TIGO) and increased the price target from $18 to $26.1.
February 28, 2024 | 8:30 pm
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POSITIVE IMPACT
Scotiabank maintains a Sector Outperform rating on Millicom Intl Cellular and raises the price target from $18 to $26.1.
The upgrade in price target by a reputable analyst like Andres Coello suggests a strong confidence in Millicom Intl Cellular's future performance. This is likely to positively influence investor sentiment and potentially lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100