BofA Securities Lowers Turkcell Price Target to TRY126.40, Maintains Buy Recommendation
DATA AND AI INFRASTRUCTURE
BofA Securities has lowered its price target for Turkcell to TRY126.40 while maintaining a Buy recommendation, citing expected revenue growth of around 7% and strong margins of 43% by 2026. Turkcell's recent Q3 2025 results exceeded expectations, with revenues of TRY59.5 billion and EBITDA of TRY26.2 billion, and the company is set to benefit from a $3 billion investment in a hyper-scale data center with Google.
Jan 13, 2026, 11:16 PM
