Afrinvest Ups Target Price For Airtel & MTN Nigeria On Strong Earnings Outlook

Afrinvest Limited has raised its target prices for telecom stocks, Airtel Africa and MTN Nigeria Plc., citing strong earnings expectations. In its latest stock recommendation report, the investment firm increased Airtel Africa’s target price to N3,458 per share from N1,988.87. Similarly, MTN Nigeria’s target price was revised upward to N304.26 from N254.87 per share. “We … Continue reading Afrinvest Ups Target Price For Airtel & MTN Nigeria On Strong Earnings Outlook