NEW YORK (dpa-AFX Broker) - U.S. investment bank Goldman Sachs upgraded 1&1 to "buy" from "neutral" and raised its price target to 20.00 euros from 13.50 euros. The deal with Vodafone is positive for 1&1, as it makes it easier to predict its longer-term performance, analyst Andrew Lee wrote in a research note available Wednesday. He now expects the company to build its own mobile network more slowly and on a smaller scale./ajx/tih

Original study published: 11.10.2023 / 04:56 / BST

First disclosure of original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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