Tele2 AB Market Sentiment

Tele2 AB is currently facing a mixed market sentiment due to its consideration of selling its Baltic mobile towers for a significant amount. This potential sale may negatively impact the company’s current market performance.

Recent Market Update

JP Morgan has recently upgraded its recommendation for Tele2 AB, citing the company’s potential for faster growth compared to its sector peers. The bank’s analysts believe that Tele2’s sustainable revenue growth and improved profitability will drive its growth prospects.

JP Morgan’s Recommendation

JP Morgan has upgraded its recommendation for Tele2 AB, with a higher price target. The bank’s analysts have increased their confidence in the company’s ability to deliver strong financial performance.

Key Statistics

• Tele2 AB’s stock price has increased by 2.1% following JP Morgan’s upgrade.
• The bank’s analysts believe that Tele2 has the potential to grow faster than its sector peers.
• The company is considering selling its Baltic mobile towers for a significant amount.

Note

This information is based on publicly available data and may not reflect the company’s current market situation.