Barclays raises price target for Deutsche Telekom

The British investment bank Barclays recently raised the price target for Deutsche Telekom's stock from 29.50 euros to 30.50 euros. Analyst Mathieu Robilliard also maintains the "Overweight" rating and sees the Bonn-based company facing the typical challenges of very wealthy firms. The key issue is how Deutsche Telekom can best utilize its substantial financial resources. Robilliard indicated that this topic is likely to be discussed primarily at an upcoming capital markets day in October. The analyst predicts that this event will likely provide positive momentum for the company's shares. With this optimistic outlook, Barclays demonstrates confidence in Deutsche Telekom's future development and its ability to successfully navigate the upcoming strategic decisions.