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Goldman Sachs names four European telecom stocks with up to 62% upside

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  • Goldman Sachs selected BT, Deutsche Telekom, Telefonica and Vodafone as higher-risk, higher-reward Buy ideas.
  • BT offers the group’s highest projected upside at 62%, with a 330p price target.
  • Vodafone was upgraded to Buy from Sell, while Goldman flagged execution risks in German fixed broadband.
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