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0 0 -0.00162337662337659 0.012987012987013 0.0146103896103896 0.0178571428571429 0.0162337662337663 0.00811688311688309
Stock impact report

Veon +2.4% amid upgrade to Buy at BofAML [Seeking Alpha]

VEON Ltd. - American Depositary Shares (VEON) 
US:NASDAQ Investor Relations: veon.com/investor-relations
Company Research Source: Seeking Alpha
Veon (NASDAQ: VEON ) is premarket after an upgrade to Buy at BofA Merrill Lynch, on a variety of positive catalysts. Analyst Cesar Tiron points to operational stabilization in Russia and says the second half will benefit from easier comparisons. Meanwhile, technical factors might improve as Telenor ( OTCPK:TELNY ) is down to an 8.9% stake as it sheds its holdings, he writes. A boosted price target of $3.80 implies 22% upside. Sell-side analysts rate it Outperform on average , while Seeking Alpha authors are Neutral . The stock has a Quant Rating of Very Bullish . See all stocks on the move » Now read: Russia Macro Update: Strong Ruble Supporting Stocks » Subscribe for full text news in your inbox Show less Read more
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