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Fly News Breaks for April 24, 2018
BAESY
Apr 24, 2018 | 05:45 EDT
Berenberg analyst Andrew Gollan upgraded BAE Systems to Buy and raised his price target for the shares to 700p from 600p. The current valuation is not reflective of the improved defense market, Gollan tells investors in a research note. He believes the stock's valuation discount to U.S. peers is unwarranted.
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