UPDATE: J.P.Morgan Upgraded BT Group Following Exclusive League Rights
November 11, 2013 at 15:49 PM EST
In a report published Sunday, J.P.Morgan Cazenove analyst Carl Murdock-Smith upgraded BT Group (NYSE: BT ) from Neutral to Overweight. BT Group won exclusive Champions and Europa League rights for 38 games per season from '13/14 to '15/16 for c£299m pa. Murdock-Smith commented, "We see this as: (1)