ubs maintains neutral rating for vodafone with target price of 77 pence

UBS has given Vodafone a 'Neutral' rating and a target price of 77 pence after the release of the company's quarterly figures. Analyst Polo Tang mentioned that Vodafone's performance in Germany was not as strong as expected, which confirms previous concerns. However, Vodafone has affirmed its annual targets, indicating stability despite challenges in its main markets.

Vodafone's quarterly figures have been analyzed by UBS, who have assigned the company a 'Neutral' rating and set a target price of 77 pence. According to analyst Polo Tang, Vodafone's performance in Germany fell short of expectations, which aligns with previous concerns. Despite these challenges, Vodafone remains confident in achieving its annual targets, demonstrating stability in its main markets.

The report, published on November 12, 2024, at 08:06 GMT, provides investors with valuable insights into the current status and future prospects of Vodafone, a telecom giant. While UBS highlights areas of concern, such as the company's performance in Germany, Vodafone's affirmation of its annual targets suggests resilience in the face of challenges.

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