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UBS Downgrades Cellnex Telecom to Neutral Rating, Cuts PT

MT Newswires·08/19/2026 08:59:16
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08:59 AM EDT, 08/19/2026 (MT Newswires) -- UBS on Tuesday downgraded Spanish telecommunications company Cellnex Telecom (CLNX.MC) to neutral from buy and decreased its price target to 29.50 euros from 43.50 euros. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)