4 Analysts Have This To Say About Millicom Intl Cellular
Portfolio Pulse from Benzinga Insights
In the past three months, four analysts have provided ratings for Millicom Intl Cellular (NASDAQ:TIGO), with a mix of bullish and indifferent perspectives. The average 12-month price target has increased by 17.35% to $32.0. Analysts from JP Morgan, UBS, and Scotiabank have adjusted their ratings and price targets, reflecting positive sentiment. Millicom's financial performance shows strong revenue growth, net margin, ROE, and ROA, with a balanced debt approach.
September 06, 2024 | 3:00 pm
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POSITIVE IMPACT
Millicom Intl Cellular (NASDAQ:TIGO) has received mixed analyst ratings, with a notable increase in the average price target to $32.0. Analysts from JP Morgan, UBS, and Scotiabank have shown positive sentiment, reflecting Millicom's strong financial performance and growth prospects.
The increase in the average price target and positive adjustments by analysts from major firms like JP Morgan and UBS indicate a bullish sentiment. Millicom's strong financial metrics, including revenue growth and profitability, support this positive outlook, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100