Jefferies initiates Vodafone Idea coverage with Rs 20 target
Jefferies initiated coverage of Vodafone Idea on September 9, calling it a “high-beta turnaround opportunity in Indian telecom” and setting a Rs 20 price target. The stock closed nearly 1% higher.
Global brokerage Jefferies began coverage of Vodafone Idea on September 9, describing the company as a "high-beta turnaround opportunity in Indian telecom" and assigning a price target of Rs 20. Jefferies said the stock has up to 29% upside and noted that it closed nearly 1% higher on September 9.