SEB Bank Upgrades Tele2 to Hold Rating, Trims PT

SEB Bank on Friday upgraded Swedish telecommunications company Tele2 (TEL2-A.ST, TEL2-B.ST) to hold from sell and reduced its price target to 173 kronor from 174 kronor. ( covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: )