MARKET TALK: Dolmen Lifts Vodafone Price Target

1127 GMT [Dow Jones] Dolmen Securities nudges up Vodafone (VOD.LN) price target to 160p from 155p. "With the company's underlying business returning to growth following the economic downturn, Capex spend under control, data and emerging markets showing strong growth, in addition to the potential for asset sales/Verizon Wireless dividend, we believe the outlook for Vodafone looks positive." Adds, the stock offers an attractive income stream for investors, paying a well covered dividend yield of around 6%. Reiterates buy recommendation on the stock. Shares +0.3% at 152p. (michele.maatouk@dowjones.com) Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com (END) Dow Jones Newswires July 27, 2010 07:27 ET (11:27 GMT)