Swisscom (SCMWY) Downgraded to Neutral by Exane BNP Paribas Analyst | SCMWY Stock News

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Apr 10, 2025
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Exane BNP Paribas analyst Joshua Mills has revised his outlook on Swisscom (SCMWY, Financial), changing the stock's rating from "Outperform" to "Neutral." Along with this downgrade, Mills has set a price target for the company at CHF 480.

The decision to adjust the rating arises as Exane BNP Paribas evaluates the landscape for European telecom operators. The firm notes that ongoing cost-cutting measures and a reduction in capital expenditures are anticipated to mitigate earnings risk over the next year. These changes reflect a strategic shift aimed at stabilizing financial outcomes amid a dynamic market environment.

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