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Proactive Investors
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4 months ago
Deutsche Bank has raised its price target on discoverIE Group PLC (LSE:DSCV), the specialist electronics manufacturer, to 910p from 870p, maintaining a Buy rating on the stock, which last closed at 786p. Full-year results showed revenue of £443 million, up 5% year-on-year at constant exchange rates, with organic growth of 2% accelerating to 5% in the fourth quarter.