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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 United Internet and 1&1 due to their long-term partnership with Vodafone.
freenet AG, a network-independent telecommunications provider in Germany, specializes in telecommunications, television, internet, and mobile devices. The company emphasizes direct customer relations through approximately 520 boutiques and 40 GRAVIS stores, alongside exclusive marketing rights for mobile services on Telekom and Vodafone networks in over 400 electronics stores.
UBS has reduced its target price for 1&1 Drillisch 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 target price 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 United Internet and 1&1 due to their long-term partnership with Vodafone.
UBS has reduced its target price for 1&1 from €21 to €20 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.
1&1 Drillisch AG, a German telecommunications holding company, provides a range of services including broadband connections, mobile tariffs, smart home solutions, IPTV, and online storage. The company operates through two segments: Access, which focuses on online products and applications, and Mobile Network, responsible for the mobile communications network's operation and expansion. It holds service provider licenses for Telefonica and Vodafone, offering both prepaid and postpaid wireless services.
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.
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 target price for Vodafone from 77 to 70 pence while maintaining a "Neutral" rating. Analyst Polo Tang cited weaker trends in Germany as a reason for the adjustment, indicating that the company's business recovery in that region will take time.
Vodafone reported a modest 1.6% sales growth in the first half of the fiscal year, hindered by regulatory challenges in Germany, its largest market. UBS has maintained a neutral stance on the stock but reduced its target price from 77 pence to 70 pence, citing concerns over the German recovery and investment uncertainties. Despite these challenges, Vodafone remains on track to meet its full-year adjusted EBITDAaL target of approximately €11 billion.
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