Telecom Italia (OTCMKTS:TIIAY) Upgraded by Barclays to Overweight Rating

Telecom Italia (OTCMKTS:TIIAY) was upgraded by analysts at Barclays from an “equal weight” rating to an “overweight” rating in a note issued to investors on Tuesday, Marketbeat.com reports.

Telecom Italia Price Performance

Shares of OTCMKTS TIIAY opened at $2.57 on Tuesday. Telecom Italia has a 1 year low of $2.19 and a 1 year high of $3.34. The firm has a fifty day moving average price of $2.50 and a 200-day moving average price of $2.50.

About Telecom Italia

Telecom Italia S.p.A., together with its subsidiaries, engages in the provision of fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for top, public sector and large account customers.