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Stock market, Goldman Sachs sends Telecom Italia flying. And in the meantime Benetton is causing controversy…

The spotlights on Piazza Affari are all for Telecom Italia (+4,92% at the end of the morning), after Goldman Sachs reinstated the purchase recommendation, raising the target price to 0,76 euro for ordinary shares.

Stock market, Goldman Sachs sends Telecom Italia flying. And in the meantime Benetton is causing controversy…

The spotlights of Piazza Affari are all for Telecom Italia (+4,92% at the end of the morning), after Goldman Sachs reinstated the buy recommendation, raising the target price to €0,76 for ordinary shares (now trading at €0,64). According to analysts, the change in strategy, which could be decided by the Board of Directors on October 3, could lead to new investments to transform the group's activities in Italy.

Meanwhile, the controversial statements of Gilberto Benetton, a former shareholder until 2009, arrive on the TLC group. “In Telecom we have lost unimaginable figures, better not to think about it”. This is how the entrepreneur from Veneto recalls his family's adventure in Telecom Italia, from which he slipped away precisely in 2009. As for the current situation, "suddenly it turns out that nobody knew anything but they had known each other for years" added Benetton. In any case, "the Letta government is working, both on Telecom and on Alitalia, and the premier is good from this point of view".


Attachments: Short-sighted politics and capitalism without capital: this Italy does not deserve Telecom

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