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Deutsche Bank slashes forecasts for Morgan Advanced Materials

By Benjamin Chiou

Date: Tuesday 12 Nov 2024

(Sharecast News) - Deutsche Bank has lowered its target price for Morgan Advanced Materials (MGAM) from 320p to 295p after the carbon and ceramic materials maker lowered its guidance last week.
In a third-quarter update on 5 November, MAM said market conditions have weakened during the second half and full-year sales...

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