ubs raises price target for deutsche telekom but maintains neutral rating

Deutsche Telekom's price target has been raised by UBS AG from 28 to 31 euros, with a "Neutral" rating on the stock. Concerns have been raised about increasing competition in the low-cost segment of the German mobile phone provider market, based on recent quarterly results. However, analyst Polo Tang remains optimistic about Deutsche Telekom's long-term fundamentals.

The company is expected to achieve defensive earnings growth, with an EPS increase of over 11 percent, and annual shareholder returns exceeding 4 percent. This positive outlook reflects the company's ability to thrive in a competitive market environment.

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