Goldman Sachs Downgrades Telmex (TMX) to Sell
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Price: $37.87 --0%
Rating Summary:
1 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 11 | New: 11
Rating Summary:
1 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 11 | New: 11
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Goldman Sachs downgraded Telmex (NYSE: TMX) from Neutral to Sell, citing the premium valuation and operating weakness.
The firm notes that, "Telmex now trades at a premium to AMX on 2011E P/E, while its discount on EV/EBITDA has narrowed to around 5%, the lowest since the financial crisis."
For more ratings news on Telmex click here and for the rating history of Telmex click here.
Shares of Telmex closed at $16.99 yesterday.
The firm notes that, "Telmex now trades at a premium to AMX on 2011E P/E, while its discount on EV/EBITDA has narrowed to around 5%, the lowest since the financial crisis."
For more ratings news on Telmex click here and for the rating history of Telmex click here.
Shares of Telmex closed at $16.99 yesterday.
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