Telecom Corporation of New Zealand (TEL) Stock Tip

Submitted by Craig Strzelecki on Mon, 15/05/2006 - 09:32.

Credit Suisse has rated the Telecom Corporation of New Zealand (TEL) stock as an Upgrade to Neutral. Credit Suisse has previously had an Underperform rating following uncertainties over the NZ regulatory environment. On the basis of a 15.1 per cent fall since May 3, Credit Suisse have upgraded their recommendation to Neutral from Underperform. Telecom Corporation of New Zealand is listed on the Australian Stock Exchange under stock code TEL. Check your charts.

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