Broker Recommendations
RBC Capital starts Marlowe at 'outperform'
By Michele Maatouk
Date: Wednesday 13 Mar 2024
(Sharecast News) - RBC Capital Markets initiated coverage of Marlowe on Wednesday with an 'outperform' rating and 630p price target.
It noted that following the sale of its software & services assets on 22 February for £430m, Marlowe's stock rebounded by around 18%, reflecting "a slight reversal of investor sentiment".
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