Alert: Major Price Advance (11/20/23)-Telecom Argentina SA (NYSE: TEO).


Telecom Argentina SA (NYSE: TEO) stock enjoyed a major increase of 22.3% on 11/20/23. The shares closed at $6.53. The stock has risen 21.8% during the last week and has been strong relative to the market over the last nine months.


Current PriceTarget Research Rating

TEO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

Telecom Argentina has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Telecom Argentina has a good Power Rating of 77 and a good Appreciation Score of 84, with the Highest Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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