Telecom Argentina Achieves Analyst Forecast Goal

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Telecom Argentina SA (TEO) shares recently surpassed the average 12-month analyst target price of $8.12, trading at $10.89 per share. This significant price movement prompts analysts to reconsider their target prices and valuations, which could indicate further potential growth or an overvalued stock.

Currently, there are four different analyst targets contributing to the average, with the lowest target at $7.00 and the highest at $9.00. The standard deviation among these targets is $0.83. Recent ratings show 2 hold ratings and 3 strong sell ratings, leading to an average rating of 4.2 on a scale where 1 is Strong Buy and 5 is Strong Sell.

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