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Citi hikes Babcock price target, reiterates 'buy' rating

By Michele Maatouk

Date: Monday 30 Jun 2025

(Sharecast News) - Citi hiked its price target on Babcock on Monday to 1,338p from 730p and reiterated its 'buy' rating as it said growth is likely to accelerate over the next 10 years.
The bank said it was updating its our forecasts, with three main changes: 1) reaching 8% margins...

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