Cantor Fitzgerald Upgrades China Telecom (CHA) to Hold; Priced Right
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Price: $10.66 -1.66%
Rating Summary:
10 Buy, 8 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 8 | New: 13
Rating Summary:
10 Buy, 8 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 8 | New: 13
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Cantor Fitzgerald upgraded China Telecom (NYSE: CHA) to Hold.
Analyst, Janice Chong, said, "We believe that with the recent correction in share price, the stock is no longer overvalued and the current share price fairly reflects our expectations of a more competitive operating environment in the near term."
For an analyst ratings summary and ratings history on China Telecom click here. For more ratings news on China Telecom click here.
Shares of China Telecom closed at $45.43 yesterday.
Analyst, Janice Chong, said, "We believe that with the recent correction in share price, the stock is no longer overvalued and the current share price fairly reflects our expectations of a more competitive operating environment in the near term."
For an analyst ratings summary and ratings history on China Telecom click here. For more ratings news on China Telecom click here.
Shares of China Telecom closed at $45.43 yesterday.
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