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Fly News Breaks for November 20, 2018
DBOEY
Nov 20, 2018 | 07:27 EDT
Berenberg analyst Chris Turner upgraded Deutsche Boerse to Hold and raised his price target for the shares to EUR 120 from EUR 112. The company is a "key beneficiary" of the current spike in volatility, Turner tells investors in a research note. He also sees the company benefiting from any normalization in European interest rate hedging activity in 2019. Nonetheless, the analyst continues to see better value elsewhere in the sector.
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