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Cookson upped to buy

Deutsche Bank said on 27 February that it had raised its recommendation on British high-tech materials firm Cookson Group Plc to buy from market perform, with a price target of 100 pence. “For those w…

Deutsche Bank said on 27 February that it had raised its recommendation on British high-tech materials firm Cookson Group Plc to buy from market perform, with a price target of 100 pence. “For those willing to look through a difficult six months, we believe Cookson offers a combination of extreme cyclicality and significant recovery potential at an undemanding valuation,” Deutsche said in a research note. Cookson shares were up 3.2% at 81 pence by 1020 GMT.

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