Vodafone has been upgraded to a 'Neutral' rating by UBS, with a target price of 77 pence. The company's quarterly figures were released, and analyst Polo Tang noted that Vodafone's business in Germany performed weaker than expected, which aligns with previous concerns. Despite this, Vodafone has confirmed its annual targets.
Vodafone shares experienced a decline in trading, dropping to €0.8268, a decrease of 6.24% as of 12:33 GMT. The stock has seen fluctuations across different trading venues, with prices ranging from €0.822 in Düsseldorf to €0.8704 in Berlin. The annual high for Vodafone shares is €0.94, while the annual low is €0.75.
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