Veon rises on positive medium-term targets
** Shares in Veon VON.AS rise 3.7% after the owner of Ukraine's mobile operator Kyivstar said it expects growth in sales, core profit and margins in the medium term
** "Very bullish medium term guidance, well ahead of expectations," says broker NewStreet Research
** Veon sees an EBITDA CAGR of 19-22% in 2023-2027, with medium-term sales growth of 16-19% in local currency
** It expects to focus on emerging markets such as Ukraine, Pakistan and Kazakhstan after exiting Russia in October
** Including Thursday's rise, the stock has gained 37.6% YTD
Reporting by Dimitri Rhodes
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