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Berenberg slightly raises target price on Hikma Pharmaceuticals

By Iain Gilbert

Date: Tuesday 27 Feb 2024

(Sharecast News) - Analysts at Berenberg raised their target price on drugmaker Hikma Pharmaceuticals from 1,960.0p to 2,000.0p on Tuesday, citing more stability in its generics unit.
Berenberg said Hikma had "a solid finish to 2023" across all three of its divisions, with guidance roughly 300bp ahead of consensus group revenue...

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