Zacks Investment Research lowered shares of Swisscom (OTCMKTS:SCMWY) from a hold rating to a sell rating in a research report report published on Friday morning.
According to Zacks, “Swisscom is Switzerland’s leading telecommunications company. The innovative, customer-focused and strongly-competitive group offers a full range of voice and data communication services on fixed-line and mobile networks. Swisscom offers the complete spectrum of state-of-the-art data services, from leased lines to integrated solutions for corporate customers. “
A number of other analysts have also commented on the company. ValuEngine raised Swisscom from a sell rating to a hold rating in a research note on Monday, September 17th. Jefferies Financial Group lowered Swisscom from a buy rating to a hold rating in a research note on Wednesday, October 3rd.
Swisscom AG provides telecommunication services primarily in Switzerland and Italy. The company operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. It offers broadband, TV, fixed-network, and mobile phone subscription services, as well as national and international telephone, and data traffic services for residential customers, and small and medium-sized enterprises.
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