MegaFon Ends Two-Day Decline as Raiffeisenbank Raises From SellBy
Russian wireless carrier offers hedge against oil, bank says
Stock has slid 29 percent from this year's high in February
MegaFon PJSC, Russia’s second-largest phone operator, rose for the first time in three days in London as AO Raiffeisenbank raised the stock to hold after the company boosted interim dividends, narrowing the full-year payout gap with its larger competitor Mobile TeleSystems PJSC.
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