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Telefónica shares fall 7.67% following J.P. Morgan downgrade

Investing.com · ·by G4L

VIV
VIV Telefonica Brasil SA ADR
$11.66 +0.43%
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  1. 1Telefónica shares fell 7.67% on Monday.
  2. 2J.P. Morgan downgraded Telefónica's investment rating from neutral to underweight.
  3. 3J.P. Morgan lowered its December 2028 price target for Telefónica to 3.20 euros from the previous 3.70 euros.

So what's the key point?

Telefónica shares fell 7.67% on Monday.

Source Investing.com · View original ↗

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