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JPMorgan hikes price target on Rolls-Royce

By Michele Maatouk

Date: Tuesday 06 Aug 2024

(Sharecast News) - Rolls-Royce rallied on Tuesday as JPMorgan Cazenove hiked its price target on the stock to 535p from 475p "after another set of strong results".
The bank noted that last week, RR reported H1 24 results well ahead of consensus.

JPM said it was increasing its 2024-27 earnings...

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