Published by Michele Maatouk on 17th April 2023
(Sharecast News) - Liberum lifted e-commerce group THG to 'buy' from 'hold' on Monday, hiking the price target to 220p from 55p as it moved to a sum of the parts valuation, with the company now "in play" after confirming it had received a highly preliminary and non-binding indicative takeover proposal from private equity firm Apollo Global Management.