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J.P. Morgan downgrades Telefónica to underweight on CMA's VMO2 veto and Brazil doubts

FinanceInternationalmerca2.es15 s readAI summary
Image: merca2.es

Telefónica faces two setbacks in two of its strategic international markets, according to merca2.es. J.P. Morgan downgraded the company to underweight after the CMA's block on VMO2 in the United Kingdom and amid political uncertainty in Brazil, where the text mentions Lula's victory. The operator retains a solid position in Spain.

Read the full story at merca2.es

IASummary generated by artificial intelligence from a story by merca2.es. It may contain errors: the original source prevails.

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