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analysts raise price target for millicom international cellular amid mixed ratings
Millicom International Cellular (NASDAQ:TIGO) has seen its price target raised by JPMorgan Chase & Co. from $33.00 to $41.00, indicating a potential upside of 38.84%. The stock currently holds a Moderate Buy rating, with a consensus target price of $35.58, while several analysts have upgraded their ratings. Recently, institutional investors have also increased their stakes in the company, which provides cable and mobile services in Latin America.
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