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April 20, 2016
Bank of America Upgrades Vodafone Group Plc (VOD)
Vodafone Group Plc (NYSE:VOD) was upgraded by Bank of America from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, The Fly reports.
Several institutional investors have modified their holdings of VOD. Gofen & Glossberg LLC IL increased its position in shares of Vodafone Group Plc by 31.1% in the fourth quarter. Gofen & Glossberg LLC IL now owns 117,725 shares of the cell phone carrier’s stock valued at $4,023,000 after buying an additional 27,913 shares in the last quarter. BB&T Corp increased its position in shares of Vodafone Group Plc by 3.2% in the fourth quarter. BB&T Corp now owns 480,370 shares of the cell phone carrier’s stock valued at $15,497,000 after buying an additional 14,758 shares in the last quarter. Advisory Services Network LLC increased its position in shares of Vodafone Group Plc by 7.1% in the fourth quarter.
Source: Mas Market News