Boost for BT but FTSE down overall

BT shareholders were given a much-needed boost today after shares surged 5% in the wake of an upgrade from a leading investment bank.

Boost for BT but FTSE down overall
Fri, 12 Jun, 2009 - 12:42

BT shareholders were given a much-needed boost today after shares surged 5% in the wake of an upgrade from a leading investment bank.

Problems at BT’s global services arm have left the stock near record lows, but Bank of America thinks now is the time for investors to return after raising its price target and issuing a buy note.

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CourtsBusinessHeathrowPlace: AntofagastaOrganisation: BTOrganisation: FTSEOrganisation: Bank of AmericaOrganisation: UBSOrganisation: AstraZenecaOrganisation: GlaxosmithklineOrganisation: BarclaysOrganisation: BlackrockOrganisation: Barclays Global InvestorsOrganisation: BGIOrganisation: Lloyds Banking GroupOrganisation: Royal Bank of ScotlandOrganisation: Vedanta ResourcesOrganisation: FresnilloOrganisation: WPPOrganisation: Goldman SachsOrganisation: Cable & WirelessOrganisation: Vodafone
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