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Investment Analysts’ upgrades for Thursday, June 9th: Avast (OTCMKTS:AVASF) was upgraded by analysts at HSBC Holdings plc from a hold rating to a buy rating. Build-A-Bear Workshop (NYSE:BBW) was upgraded by analysts at StockNews.com from a hold rating to a buy rating. Britvic (OTCMKTS:BTVCY) was upgraded by analysts at Morgan Stanley from an equal weight […] ....
Investment Analysts’ downgrades for Tuesday, May 31st: Advance Auto Parts (NYSE:AAP) was downgraded by analysts at StockNews.com from a buy rating to a hold rating. American Eagle Outfitters (NYSE:AEO) was downgraded by analysts at Morgan Stanley from an equal weight rating to an underweight rating. They currently have $8.00 price target on the stock, down […] ....
By Lina Saigol Order Reprints Text size Telefónica will reduce its debt following the $9.4 billion sale of its mobile phone masts to Boston-based American Towers. Getty Images Shares in Telefónica soared almost 10% on Wednesday, after the Spanish telecom company struck a deal to sell its mobile phone masts in Europe and Latin America to U.S.-based telecom infrastructure operator American Tower for $9.4 billion in cash. The back story. European telecom companies have stepped up the sale of their valuable tower estates in recent years, as they look to cut their debt and raise cash to invest in the costly rollout of 5G networks to keep pace with the surge of data for applications such as fixed wireless and autonomous vehicles. ....