Is the Vodafone share price rally gone too far?

UBS reckons Vodafone Group PLC (LSE:VOD) recent rally may have run too far, warning the telecoms group could fade after fourth-quarter results despite the broker raising its price target. The Swiss bank lifted its 12-month target to 95p from 84p but kept a Sell rating on the shares, which closed at 115p on 29 April.