Tim reduces the rise in the stock market (+2%), analysts redo the calculations. The market was expecting a more substantial debt cut and some, Equita for example, reduced the target price to 0.35 euros.

The negative element "is linked to the financial charges which remain high on the plan also in 2026 (we estimate 700 million) due to the complexity of optimizing the new capital structure (and we think for a certain prudence)". Some doubts, even if it is not considered impossible, are expressed on the growth profile of the domestic Ebitda.