HSBC downgraded Egypt s Orascom Telecom to neutral from overweight , saying the company had reported weak first-quarter results. The brokerage cut its price target on the telecommunications company to LE 84 from LE 95.6.
Orascom Telecom downgraded to "neutral"
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms.
