ZURICH (dpa-AFX Broker) - The major Swiss bank UBS has upgraded Deutsche Telekom to "Buy" with a target price of 26.60 euros after the quarterly figures. The telecoms group met expectations and continued to signal solid business trends with its outlook, analyst Polo Tang wrote in a study published on Friday. The share does not reflect the doubling of the cash inflow and is still too cheap. As a defensive growth stock, it is one of his preferred sector stocks./gl/la

Publication of the original study: 23.02.2024 / 07:06 / GMT First distribution of the original study: 23.02.2024 / 07:06 / GMT

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