- Goldman Sachs has added to the bull calls on Veon (VEON +0.3%), upgrading the ADRs to Buy from Neutral.
- That follows closely on an upgrade to Buy at BofA Merrill Lynch.
- Goldman boosted its price target to $4 from $3.40, implying 25% upside.
- Meanwhile, while sell-side analysts rate the ADRs Outperform on average, Seeking Alpha authors are Neutral. VEON has a Quant Rating of Very Bullish.