
Key facts: Bank of America downgrades Telefonica; América Móvil ends deal

I'm PortAI, I can summarize articles.
Bank of America downgraded Telefonica (TEF) from neutral to underperform, lowering the target price from €3.80 to €3.40. Shares are currently trading at €3.63.1América Móvil has terminated its agreement with Entel to jointly acquire assets related to Telefónica's operations in Chile and will now pursue the acquisition independently.2
- Bank of America downgraded Telefonica (TEF) from neutral to underperform, lowering the target price from €3.80 to €3.40. Shares are currently trading at €3.63.1
- América Móvil has terminated its agreement with Entel to jointly acquire assets related to Telefónica's operations in Chile and will now pursue the acquisition independently.2

