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Berenberg slashes QinetiQ price target, reiterates 'buy' rating

By Michele Maatouk

Date: Wednesday 19 Mar 2025

(Sharecast News) - Berenberg slashed its price target on QinetiQ on Wednesday to 500p from 610p to reflect lowered estimates, but reiterated its 'buy' rating.
The bank said QinetiQ has been affected year-to-date by a slowdown in activity in its UK Intelligence, and US federal IT and product businesses.

"The...

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