HSBC Maintains Buy on Millicom Intl Cellular, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Phani Kanumuri maintains a Buy rating on Millicom Intl Cellular (NASDAQ:TIGO) and raises the price target from $22.5 to $24.
April 11, 2024 | 2:59 pm
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HSBC analyst Phani Kanumuri maintains a Buy rating on Millicom Intl Cellular and raises the price target from $22.5 to $24.
The increase in price target by HSBC reflects a positive outlook on Millicom Intl Cellular's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100