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Vodafone Idea a high-beta turnaround play, says Jefferies; initiates buy with 29% upside potential
Jefferies initiated coverage on Vodafone Idea with a Buy rating and Rs 20 target, citing subscriber stabilisation, tariff hikes and operating leverage. The brokerage expects strong revenue and cash EBITDA growth, but flags funding needs, execution risks and cash outflows.
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economictimes.indiatimes.com
Vodafone Idea a high-beta turnaround play, says Jefferies; initiates buy with 29% upside potential
Jefferies initiated coverage on Vodafone Idea with a Buy rating and Rs 20 target, citing subscriber stabilisation, tariff hikes and operating leverage. The brokerage expects…
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Vodafone Idea shares price in focus as Jefferies initiates coverage with Buy rating. Why are analysts bullish?
Jefferies has initiated coverage on Vodafone Idea with a ‘Buy rating and a Rs 20 price target, implying 29% upside. The brokerage expects subscriber stabilisation, tariff hikes…
