Weekly Research Analysts’ Ratings Updates for Millicom International Cellular (TIGO)

A number of firms have modified their ratings and price targets on shares of Millicom International Cellular (NASDAQ: TIGO) recently:

  • 8/18/2026 – Millicom International Cellular was given a new $105.00 price target by Royal Bank Of Canada.
  • 8/11/2026 – Millicom International Cellular was upgraded by Zacks Research from “strong sell” to “hold”.
  • 8/7/2026 – Millicom International Cellular had its “buy (a-)” rating reaffirmed by Weiss Ratings.
  • 8/7/2026 – Millicom International Cellular had its price target raised by Scotiabank from $52.40 to $60.10. They now have a “sector underperform” rating on the stock.
  • 7/14/2026 – Millicom International Cellular had its price target raised by UBS Group AG from $90.00 to $100.00. They now have a “neutral” rating on the stock.
  • 7/13/2026 – Millicom International Cellular was downgraded by Zacks Research from “hold” to “strong sell”.

Insiders Place Their Bets

In other Millicom International Cellular news, insider Salvador Escalon sold 49,288 shares of Millicom International Cellular stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $88.51, for a total value of $4,362,480.88. Following the transaction, the insider owned 165,344 shares in the company, valued at $14,634,597.44. The trade was a 22.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 50,140 shares of company stock worth $4,425,461 over the last 90 days.

Millicom International Cellular SA, trading under the TIGO brand, is a Luxembourg?headquartered telecommunications and media company that provides a range of mobile, cable broadband, digital television and enterprise services. Through its integrated infrastructure, the company delivers voice and data connectivity, high?speed internet access and pay?television packages to millions of customers, supported by ongoing investments in network coverage and capacity.

Established in 1990 by Swedish investor Jan Stenbeck, Millicom has grown into a multi?regional operator focused primarily on Central and South America.

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