UBS Maintains Buy Rating for Freenet with Target Price of 30 Euros

UBS has given Freenet a "Buy" rating and set a target price of 30 euros for the mobile operator. The company's strong performance in a competitive market has been highlighted by analyst Polo Tang, indicating confidence in its growth prospects.

The assessment reflects positive market conditions and operational resilience, leading to an increase in the company's forecast. Freenet's strategic positioning within the telecommunications sector is emphasized in the report published on December 5, 2024. UBS's outlook suggests that Freenet is well-equipped to navigate industry challenges and capitalize on emerging opportunities, which has encouraged investors.

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