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Berenberg hikes target price on Darktrace following Q3 results

By Iain Gilbert

Date: Thursday 11 Apr 2024

(Sharecast News) - Analysts at Berenberg raised their target price on software and services firm Darktrace from 600.0p to 630.0p on Thursday after the group's third-quarter results earlier this morning demonstrated a continuation of "strong momentum" seen in Q2.

Berenberg noted that annualised recurring revenues had grown 23.5% year-on-year to...

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