Jefferies Sticks to Its Buy Rating for China Telecom (ZCH)
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Jefferies analyst Edison Lee has reaffirmed a Buy rating for China Telecom (ZCH) with a price target of HK$7.54. Lee, a 5-star analyst with a 30.2% average return and 60% success rate, covers the Technology sector. While Jefferies maintains a positive outlook, TipRanks also noted a recent downgrade to Hold from another analyst on the same day.
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