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Vodafone up 0.9% early as firms reiterate Buy ratings

  • Vodafone (NASDAQ:VOD) is up 0.9% in premarket U.S. trading after analysts reiterate their Buy calls, following the news that Vodafone and Liberty Global broke off talks about an asset swap.
  • Deutsche Bank reiterated its Buy rating with a 270-pence price target; shares are flat in London trading at 207.15p, implying 30% upside in its target.
  • Beaufort Securities reiterated its Buy rating as well. Later yesterday, Barclays also had reiterated its Overweight rating, with a 250-pence target.
  • Vodafone ADRs fell 5.2% yesterday after the news that it was terminating talks of a tie-up with the John Malone-led media giant.

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Vodafone Group Public Limited Company