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Citi cuts Qinetiq price target, maintains 'buy'

By Michele Maatouk

Date: Wednesday 26 Mar 2025

(Sharecast News) - Citi cut its price target on Qinetiq on Wednesday to 510p from 530p as it said near-term uncertainty was an overhang but long-term value remains.
Citi said it was updating its forecasts following the recent profit warning. It now sees Qinetiq achieving closer to £2.1bn of revenue in...

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