Vodafone Buy at 135p (this week 139p) cites Cazenove. A recent third quarter trading update from this global mobile phone operator proved to be ahead of estimates, notes Cazenove. Overall group revenues exceeded forecasts, whilst the decline in Europe materialised below expectations. Turkey provided a sharp turnaround, with management upgrading overall group operating profit to the top end of existing guidance. Despite a number of remaining negative trends, Vodafone may have finally reached a positive inflexion point, comments Cazenove, with the valuation now looking too low.   Related Articles Britain's top fund managers Share tips: buy RBS and DSG Share tips: buy Greene King Share tips: buy Tesco, sell Sainsbury Share tips: buy Unilever, sell Lloyds Bank Broker tips: buy Randgold, sell RBS Unilever Buy at 1829p (this week 1818p) recommends Charles Stanley. This food and consumer goods manufacturer recently delivered another set of strong quarterly results, highlights Charles Stanley.[Read more...]