Telecom Argentina S.A. (TEO) Forms $34.59 Double Top; CTPARTNERS EXECUTIVE SEARCH (CTPR) Shorts Decreased By 18.18%

February 13, 2018 - By Martha Paddon

Telecom Argentina S.A. (TEO) formed double top with $36.67 target or 6.00% above today’s $34.59 share price. Telecom Argentina S.A. (TEO) has $7.16 billion valuation. The stock increased 4.19% or $1.39 during the last trading session, reaching $34.59. About 221,507 shares traded or 7.13% up from the average. Telecom Argentina S.A. (NYSE:TEO) has risen 35.98% since February 13, 2017 and is uptrending. It has outperformed by 19.28% the S&P500.

CTPARTNERS EXECUTIVE SEARCH INCORPORATED (OTCMKTS:CTPR) had a decrease of 18.18% in short interest. CTPR’s SI was 4,500 shares in February as released by FINRA. Its down 18.18% from 5,500 shares previously. With 100 avg volume, 45 days are for CTPARTNERS EXECUTIVE SEARCH INCORPORATED (OTCMKTS:CTPR)’s short sellers to cover CTPR’s short positions. It closed at $0.0001 lastly. It is down 0.00% since February 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 9 analysts covering Telecom Argentina (NYSE:TEO), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Telecom Argentina has $46.0 highest and $14 lowest target. $26.08’s average target is -24.60% below currents $34.59 stock price. Telecom Argentina had 13 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, August 10. The rating was upgraded by HSBC on Thursday, May 12 to “Buy”. The company was upgraded on Thursday, May 12 by JP Morgan. The firm earned “Hold” rating on Tuesday, September 22 by Zacks. Goldman Sachs downgraded Telecom Argentina S.A. (NYSE:TEO) rating on Monday, September 28. Goldman Sachs has “Sell” rating and $14 target. The stock of Telecom Argentina S.A. (NYSE:TEO) has “Neutral” rating given on Monday, November 23 by Goldman Sachs. The company was initiated on Monday, January 8 by Citigroup. The rating was upgraded by Bank of America to “Buy” on Monday, July 3. Morgan Stanley upgraded it to “Overweight” rating and $23 target in Tuesday, September 6 report. On Tuesday, July 28 the stock rating was upgraded by Raymond James to “Outperform”.

CTPartners Executive Search Inc., together with its subsidiaries, provides retained executive search services worldwide. The company has market cap of $875. It facilitates the recruitment and hiring of C-level executives, such as chief executive officers, chief financial officers, chief legal officers, chief marketing officers, and chief human resource officers, as well as other senior executives and board members. It currently has negative earnings. The firm also offers board advisory services.