Goldman Sachs Downgrades Cellcom Israel Ltd. (CEL) to Neutral
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Goldman Sachs downgrades Cellcom Israel Ltd. (NYSE: CEL) from Buy to Neutral with a $38 price target, saying competitive and regulatory headwinds pose new potential risks.
Cellcom Israel Ltd. closed at $33.38 yesterday.
Cellcom Israel, Ltd. provides cellular telephone services in Israel. It offers basic and advanced cellular telephone services, text and multimedia messaging services, and advanced cellular content and data services.
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