New Street Research - United Internet (UTDI) United Internet (Buy): 11 guidance inline; market valuing network build at -€6bn

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New Street Research

Ben Rickett ...

James Ratzer

EUR 9211.00 For Business Accounts Only

United Internet (Buy): 1&1 guidance inline; market valuing network build at -€6bn

United Internet and its listed subsidiaries (1&1 and IONOS) just reported 4Q22 results, ahead of the analyst calls tomorrow.

30/03/2023 1 EN

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United Internet

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Ben Rickett

James Ratzer

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United Internet (Buy): 1&1 guidance inline; market valuing network build at -€6bn

1&1 (Buy, €28, +70%) United Internet (Buy, €30, +30%) 1Q24: Spectrum decision imminent; increasing forward visibility

United Internet (Buy, €30, +42%) and 1&1 (Buy, €26, +60%) 4Q23: Approaching FCF inflection point

United Internet New guidance: Increasing visibility of network build financials

US Cellular: is the market missing something?

VEON (Buy, TP: $40, +57%) YTD update implies better trends in April

PYPL US (Buy, TP: $80, +28%) PayPal Initiation - BUY: Life in the Fast Lane

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