JPMorgan Upgrades VEON Ltd (VEON) to Neutral

July 26, 2017 4:43 AM EDT
Get Alerts VEON Hot Sheet
Price: $51.01 -1.87%

Rating Summary:
    9 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 12 | New: 5
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JPMorgan upgraded VEON Ltd (NASDAQ: VEON) from Underweight to Neutral with a price target of $4.50 (from $4.00).

Analyst Alexei Gogolev is encouraged with operational improvements in some of the company's key markets, specifically Russia and Ukraine. Gogolev also likes the improvement to FCF generation.

For an analyst ratings summary and ratings history on VEON Ltd click here. For more ratings news on VEON Ltd click here.

Shares of VEON Ltd closed at $4.03 yesterday.



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