Zacks Investment Research upgraded shares of Freenet (OTCMKTS:FRTAF) from a hold rating to a buy rating in a research note released on Wednesday morning. They currently have $39.00 target price on the stock.
According to Zacks, “Freenet AG is a mobile communications service provider. The company’s brand portfolio includes the mobilcom-debitel, freenet.de, gravis, media broadcast, klarmobil, freenet digital, freenet energy and motion TM. Freenet AG is headquartered in Budelsdorf, Germany. “
Separately, DZ Bank reiterated a buy rating on shares of Freenet in a report on Friday, November 10th.
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Freenet Company Profile
freenet AG provides network-independent telecommunication services focusing on mobile communications, mobile Internet, TV and media, and digital lifestyle applications in Germany. It provides a portfolio of services and products primarily in the area of mobile voice and data services. The company offers its postpaid and prepaid services under the mobilcom-debitel brand, as well as no-frills services under the klarmobil, freenetMobile, callMobile, and debitel light brands.
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