JP Morgan has a target of $2.17
so from $1.96 that is about 10.7%
P Morgan 08-Feb-07 3 Neutral $2.17 11.9%
The worst result possible occurred when the ATO axed MIS deductibility, affecting 76% of TIM's business. Earnings reduced by 28% in FY07 and 31% in FY08. TIM will have to rethink its products, the broker suggests.
Target falls from $3.31 to $2.17.
JP Morgan has a target of $2.17 so from $1.96 that is about...
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