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Fly News Breaks for December 4, 2018
BT
Dec 4, 2018 | 05:09 EDT
Goldman Sachs analyst Michael Bishop last night upgraded BT Group to Buy from Neutral and raised his price target for the shares to GBP 3.20 from GBP 2.40. BT's 10% valuation discount to peers is "increasingly unwarranted" as cost cutting becomes a key earnings driver, Bishop tells investors in a research note.
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