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"
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.
https://www.dailynewssegypt.com/2007/05/18/orascom-telecom-downgraded-to-neutral/