TECO2.BA is trading 2.5% up at $4047.50 as it rebounds from recent declines, driven by a series of positive developments. - On June 24, Morgan Stanley upgraded Telecom Argentina to Overweight and raised its price target, with JPMorgan also increasing its target. - The move follows the Argentine antitrust tribunal issuing conditions around June 18-19 for Telecom Argentina's acquisition of Telefónica Móviles Argentina, a deal set to create the country's largest mobile operator. - The stock's rebound extends a strong multi-month run for the Argentine telecom giant.