Partner Heads for Lowest Close in Month on Psagot Recommendation
Partner Communications Co. headed for the lowest close in more than a month after Psagot Investment House Ltd. reinitiated Israel’s second-largest mobile-phone operator with a “sell” recommendation.
The shares fell 1.9 percent to 40.41 shekels at 11:55 a.m. in Tel Aviv, poised for the lowest close since Oct. 10.
Psagot assigned a price estimate of 36 shekels for the Rosh Ha’Ayin, Israel-based company.
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