Forbar downgrades Spark to underperform
The telco’s share price has fallen by about 40% this year.
Forsyth Barr analysts have downgraded shares in listed telecommunications company Spark to underperform following a 40% slip in its share price this year.
Spark in August said its revenue for the year to the end of June 2024 fell 14% to $3.86 billion while profit fell 72% to $316 million.
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