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Tuesday, January 10, 2023

BofA Sec downgrades Bharti Airtel to underperform, slashes target by 22%

Citing the downside risks to earnings, the brokerage has cut the earnings per share (EPS) estimates for FY24 and FY25 due to a slower-than-expected net addition of subscribers, lower margins, and interest expenses.

from industry - Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/9Ghr2iE

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