| |
|
Current recommendation |
|
Last issued research |
| Institution |
|
Rating |
Target |
Date |
|
Title |
Date |
| Deutsche Bank |
|
Buy |
10.40 |
18-Aug-10 |
|
A positive view over OI transaction. Upgrade to Buy |
18-Aug-10 |
| JP Morgan |
|
Neutral |
10.50 |
18-Aug-10 |
|
Current valuation well supported, upgrade to neutral |
18-Aug-10 |
| BAS/Merrill Lynch |
|
Buy |
10.25 |
6-Aug-10 |
|
Patience will pay off |
6-Aug-10 |
| Execution Limited |
|
Hold |
10.00 |
6-Aug-10 |
|
Portugal Telecom - Oi forecasts |
6-Aug-10 |
| Banif |
|
Buy |
8.85 |
5-Aug-10 |
|
PT disclosed better than expected 2010Q2 results |
5-Aug-10 |
| Exane - BNP |
|
Neutral |
10.00 |
3-Aug-10 |
|
Q210 results on 5 August: pressure on Portugal offset by Brazil |
3-Aug-10 |
| Goldman Sachs |
|
Sell |
9.10 |
3-Aug-10 |
|
Erratum: Oi uncertainty to weight near-term downgrade to sell |
3-Aug-10 |
| Bernstein |
|
Market Performer |
9.50 |
30-Jul-10 |
|
Upgrading PT, Vivo3, TCLS3, brilliant Vivo/Oi deal is good for almost everyone |
30-Jul-10 |
| HSBC |
|
Neutral |
9.00 |
30-Jul-10 |
|
Vivo deal positive but mostly in |
30-Jul-10 |
| Macquarie |
|
Outperform |
9.50 |
29-Jul-10 |
|
Jumping from Vivo to Oi |
29-Jul-10 |
| Millenium bcp |
|
Buy |
11.10 |
29-Jul-10 |
|
Vivo Sale and Partnership with Oi |
29-Jul-10 |
| Oddo securities |
|
Add |
9.50 |
29-Jul-10 |
|
Divestment of Vivo and acquisition of stack in Oi. A complex transaction but which could make sense |
29-Jul-10 |
| Natixis Securities |
|
Buy |
10.50 |
29-Jul-10 |
|
Portugal Telecom Ssells BrasilCel for a very good price |
29-Jul-10 |
| Barclays Capital |
|
Equal-weight |
9.00 |
28-Jul-10 |
|
PT/TEF - Know your limits |
28-Jul-10 |
| Morgan Stanley |
|
Equal-weight |
9.00 |
20-Jul-10 |
|
Offer expired: Uncertainty around Vivo value for PT |
20-Jul-10 |
| ING |
|
Buy |
11.50 |
19-Jul-10 |
|
Another twist in the tale |
19-Jul-10 |
| Citi |
|
Buy |
9.50 |
19-Jul-10 |
|
Deal not dead, but is Telefonica's to lose |
19-Jul-10 |
| BBVA |
|
Outperform |
10.80 |
19-Jul-10 |
|
TEF rejects extending it Vivo offer, but the deal might still have a chance |
19-Jul-10 |
| Kepler Capital |
|
Hold |
8.00 |
19-Jul-10 |
|
Downgrade form Buy to Hold, TP cut from Eur9.5 to Eur8 |
19-Jul-10 |
| Santander |
|
Hold |
8.00 |
28-Jun-10 |
|
Downgraded to hold from buy |
28-Jun-10 |
| BPI |
|
Buy |
8.30 |
23-Jun-10 |
|
TEF sells 8% stake |
23-Jun-10 |
| New Street |
|
Neutral |
9.10 |
2-Jun-10 |
|
Divorce can be an expensive business |
2-Jun-10 |
| Nomura |
|
Reduce |
8.60 |
7-May-10 |
|
Change of price target |
7-May-10 |
| Credit Suisse |
|
Outperform |
9.20 |
22-Mar-10 |
|
Wireline on track; Vivo offsets domestic mobile |
22-Mar-10 |
| Espirito Santo |
|
Buy |
9.00 |
4-Mar-10 |
|
4Q09 results with solid trends |
4-Mar-10 |
| Banesto |
|
Overweight |
9.41 |
4-Mar-10 |
|
4Q09 results |
4-Mar-10 |
| UBS |
|
Neutral |
8.00 |
4-Mar-10 |
|
Solid Q4 results |
4-Mar-10 |