RE: More doom. UBS says sell BT - target £1.11!!18 Jan 2021 22:23
Agree. UBS as been a regular bear on bt. He’s rationale was over gloomy imho and not highlighting the growth coming. If anything there’s more upside risk than downside risk by a long way, especially if offcom, pension review ok, plus bt operational profit going forward come from a strong demand in data usage that is hear to stay, together with 2nd half year, pubs being open again to renew their bt sport contracts. Plus the cost cutting and return on new super fibre installation.
The sp still has masses of upside imho