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WH Smith jumps on Investec target price increase

Posted at 8:39AM Friday 28 Mar 2014

WH Smith was a strong riser after Investec reiterated its 'buy' rating on the stock and raised its target price from 1,200p to 1,400p ahead of its first-half results on April 10th. The broker said is expects 'High Street to show a modest improvement and Travel to benefit from the cyclical recovery that seems to be coming in UK air passenger numbers'.

ifamagazine.com




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