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Berenberg lifts JTC price target after Citi Trust deal

By Michele Maatouk

Date: Monday 16 Sep 2024

(Sharecast News) - Berenberg lifted its price target on JTC on Monday to 1,400p from 1,300p on the back of news it has acquired Citi Trust - the global fiduciary and trust administration services business - from Citigroup for $80m.
"Strategically, the deal builds upon JTC's already-established trust platform, particularly in...

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