Nomura Securities Downgrades Telefonica S.A. (TEF) to Reduce

July 5, 2011 7:43 AM EDT
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Price: $3.81 --0%

Rating Summary:
    4 Buy, 12 Hold, 4 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 20
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Nomura Securities downgraded Telefonica S.A. (NYSE: TEF) from Neutral to Reduce.

For more ratings news on Telefonica S.A. click here and for the rating history of Telefonica S.A. click here.

Shares of Telefonica S.A. closed at $24.49 yesterday.


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