- UK telecom leader BT Group (NYSE:BT) is trading just under the flat line in U.S. action, -0.2%, amid two opposing analyst takes on the stock.
- On the one hand, Macquarie has reiterated its Underperform rating and holds a price target of 375 pence -- nearly 25% below today's London close of 496.45p.
- On the bullish argument, Barclays reiterated its Overweight rating. That firm has a 600-pence target, implying 21% upside from current prices.
- Shares closed down 0.7% in London.