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UBS has reduced its target price for United Internet from €24 to €23 while maintaining a "buy" rating. Analyst Polo Tang noted concerns over increasing competition in Germany's low-cost mobile segment, but remains optimistic about United Internet and 1&1 due to their long-term partnership with Vodafone.
UBS has reduced its target price for United Internet from 24 to 23 euros while maintaining a "buy" rating. Analyst Polo Tang noted concerns over increasing competition in Germany's low-cost mobile segment, but remains optimistic about United Internet and 1&1 due to their long-term partnership with Vodafone.
United Internet AG, based in Germany, operates through four segments: Consumer Access, Business Access, Consumer Applications, and Business Applications. It offers fixed broadband and mobile services under the 1&1 brand, while providing fiber optic solutions for businesses through 1&1 Versatel. The company also delivers email and task management services via GMX, mail.com, and WEB.DE, and offers cloud solutions and web hosting for SMEs under the IONOS brand, expanding its global presence with various international brands.
UBS has reduced its price target for 1&1 from 21 to 20 euros while maintaining a "buy" rating. Analyst Polo Tang noted concerns over increasing competition in Germany's low-cost mobile segment, but remains optimistic about the company's long-term prospects due to its partnership with Vodafone.
UBS has reduced its price target for United Internet from 24 to 23 euros while maintaining a "Buy" rating. Analyst Polo Tang noted concerns over increasing competition in Germany's low-cost mobile segment, but remains optimistic about United Internet and 1&1 due to their long-term partnership with Vodafone.
UBS has maintained a "Buy" rating for United Internet, setting a target price of 24 euros, despite the company's recent quarterly figures being described as highly inconsistent and overall disappointing. Analyst Polo Tang provided this assessment following the release of the financial results.
UBS has rated United Internet as a 'Buy' with a target price of 24 euros. The stock is currently trading at approximately 16.14 euros, reflecting a significant decline of 14.83% from the previous day. Various trading venues show similar downward trends, with prices ranging from 15.97 to 18.56 euros.
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