Zacks upgraded shares of Cellcom Israel (NYSE:CEL) from a neutral rating to an outperform rating in a report issued on Tuesday, AnalystRatingsNetwork.com reports. They currently have $12.00 target price on the stock.
Zacks has also taken action a number of other information technology stocks recently. The firm downgraded shares of Farmers Capital Bank Corp from an outperform rating to a neutral rating. Their analysts now have a $23.90 price target on that stock. Also, Zacks reiterated its neutral rating on shares of Methanex Corporation. They have a $53.00 price target on that stock. Finally, Zacks upgraded shares of Tower Financial Co. from a neutral rating to an outperform rating. Zacks now has a $24.40 price target on that stock.
Separately, analysts at UBS AG downgraded shares of Cellcom Israel (NYSE:CEL) from a buy rating to a neutral rating in a research note to investors on Wednesday, August 7th.
Shares of Cellcom Israel (NYSE:CEL) opened at 10.90 on Tuesday. Cellcom Israel has a 1-year low of $7.05 and a 1-year high of $11.88. The stock’s 50-day moving average is $11.05 and its 200-day moving average is $9.57. The company has a market cap of $1.074 billion and a P/E ratio of 11.32.
Cellcom Israel Ltd. (NYSE:CEL) is a provider of cellular communications services in Israel.
To view Zacks’ full report, visit www.zacks.com
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