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DBS upgrades Singtel to ‘buy’ after associate Bharti Airtel announces imminent tariff hikes, Companies & Markets

researchsnappy by researchsnappy
November 22, 2019
in Investment Research
0
DBS upgrades Singtel to ‘buy’ after associate Bharti Airtel announces imminent tariff hikes, Companies & Markets
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DBS Equity Research has upgraded Singtel to a “buy” from “hold”, with a target price of S$3.60 after India’s top three telecom players announced tariff hikes to end a bruising price war that was getting out of hand.

The development is seen as positive for Bharti Airtel, a…

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