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Deutsche Numis reiterates 'buy' rating on Darktrace

By Michele Maatouk

Date: Monday 11 Mar 2024

(Sharecast News) - Deutsche Numis reiterated its 'buy' recommendation and 520p price target on Darktrace on Monday as it said first-half profitability was "materially" ahead of expectations.
Deutsche said topline momentum reflects progress on GTM (Go to market) changes and a stabilising macro backdrop, underpinning expectations for a return to growth...

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