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Shore Capital starts Ithaca Energy at 'buy', sees 20% upside

Source: proactiveinvestors.com

Analyst InsightsEnergy Markets & PricesCompany Fundamentals

Shore Capital initiated coverage of Ithaca Energy with a buy rating and a 340p price target, implying roughly 20% upside. The positive broker call follows Ithaca's promotion to the FTSE 100 on 21 September, which could improve its market visibility and index-related investor demand.

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