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Market Impact: 0.18
Shore Capital raises ASOS price target to 520p as turnaround gains recognition
Source: proactiveinvestors.co.uk
Analyst EstimatesAnalyst InsightsCompany FundamentalsInvestor Sentiment & Positioning
Shore Capital raised its ASOS price target to 520p from 420p while keeping a 'buy' rating, implying ~25% upside from 415p. The note is a positive catalyst driven by improved expected valuation rather than a new fundamental event. Likely modest support for sentiment and ASOS shares rather than a sector-wide move.
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