J.P. Morgan initiates Poste Italiane at Overweight with 29-euro price target

J.P. Morgan analysts initiated coverage on Poste Italiane with an 'overweight' rating and a 29-euro price target, highlighting that the acquisition of Telecom Italia (TIM) strengthens Poste Italiane's strategic position by integrating a major telecom operator into its financial, insurance and distribution platform.

Detected & updated continuously · Source: Nebula