
Vodafone rises after Barclays upgrades stock to 'overweight'

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Vodafone shares rose 2.1% to 95.9p after Barclays upgraded the stock to 'overweight' and raised the price target to 120p. Barclays anticipates a turning point in 2026, driven by UK broadband growth and strong positions in Germany and Africa. Vodafone's multi-brand strategy and cost control support growth, with UK and Africa as key drivers. The stock has risen 40% YTD.

