UPDATE: Credit Suisse Upgrades Mobile TeleSystems as Some Risks Have Materialized
February 05, 2014 at 07:31 AM EST
In a report published Wednesday, Credit Suisse analyst Olga Bystrova upgraded the rating on Mobile TeleSystems (NYSE: MBT ) from Underperform to Neutral, but lowered the price target from $20.00 to $19.00. In the report, Credit Suisse noted, “Upgrade to Neutral from Underperform as one of the risks we highlighted