Millicom International Cellular Shares Rise After UBS Upgrade

MT Newswires Live

01/16

Millicom International Cellular (TIGO) shares rose 5.7% in recent Thursday trading after UBS upgraded the telecommunications provider's stock to buy from neutral and raised the price target to $70 from $49.

Trading volume stood at nearly 1.4 million shares, compared with a daily average of over 900,000 shares.

Price: 55.58, Change: +2.98, Percent Change: +5.66

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