Sell-Off Overdone; Upgrade to OW: Telecom Argentina | Latin America-20260624
June 24, 2026 12:55 PM GMT Telecom Argentina | Latin America Sell-Off Overdone; Upgrade to OW | What's Changed | | | | --- | --- | --- | | Telecom Argentina (TEO.N) | From | To | | Rating | Equal-weight | Overweight | | Price Target | US$13.00 | US$17.00 | Announced remedies contributed to an -11% sell-off on lower than expected M&A benefits that the stock had not priced in. We raise target to USD17/ADR and upgrade to OW. Key Takeaways Recent sell-off seems overdone… TEO announced the acquisition of TEF Arg ...