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Citi ups target for Melrose on strong cash generation

By Benjamin Chiou

Date: Thursday 29 Feb 2024

(Sharecast News) - Citi has lifted its target price for aerospace manufacturing group Melrose from 620p to 735p and placed the stock on 'catalyst watch' ahead of company's results next week, hailing the company cash-generating abilities.
"As we draw closer to 2025, we think the market is likely to give more...

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