06:56 AM EDT, 10/27/2026 (MT Newswires) -- FAB Securities maintained its hold rating on Emirates Integrated Telecommunications (DFM:DU), d/b/a du, as it took note of the telecommunications company's "strong" financial performance in the third quarter. "DU reported a stronger 3Q26 performance, with revenue growth accelerating to 7.1% YOY on the back of resilient service revenues, continued expansion in fixed connectivity, and higher contributions from ICT, wholesale and handset sales. While the regional geopolitical uncertainty continued to affect customer acquisition and subscriber behavior, the Company recorded improved mobile subscriber growth, alongside sustained demand for enterprise connectivity and network redundancy solutions," analysts wrote in a Tuesday first look note. Thanks to higher revenue, the company logged a 7.3% annual increase in net profit to 786 million Emirati dirhams, in line with FAB's forecast of 815 million dirhams. Revenue rose 7.1% year over year to 4.15 billion dirhams, compared with the research firm's estimate of 4.10 billion dirhams. The stock has a price target of 12.50 dirhams at FAB.

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