Telenor ASA (NASDAQ:TELNY) Raised to Hold at J P Morgan Chase & Co

J P Morgan Chase & Co upgraded shares of Telenor ASA (NASDAQ:TELNY) from an underweight rating to a hold rating in a research note released on Tuesday, October 17th.

Separately, Zacks Investment Research lowered Telenor ASA from a strong-buy rating to a hold rating in a research report on Wednesday, July 26th.

Telenor ASA (NASDAQ TELNY) traded up $0.05 during trading on Tuesday, hitting $21.28. The company had a trading volume of 8,656 shares.

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Telenor ASA Company Profile

Telenor ASA is a telecommunication company. The Company’s segments include Norway, Sweden, Denmark, Hungary, Bulgaria, Montenegro & Serbia, dtac-Thailand, Digi-Malaysia, Grameenphone-Bangladesh, Pakistan, India, Myanmar, Broadcast and Other units. The Company’s main products and services are mobile communication, fixed line communication and broadcasting activities.

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