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Market Impact: 0.34
Man Group motors after leading bank upgrades
Source: proactiveinvestors.com
Analyst InsightsCompany FundamentalsInvestor Sentiment & Positioning
Man Group shares rose 6% to 334.8p after UBS upgraded the hedge fund manager to buy from neutral. UBS raised its price target to 365p from 335p, citing expectations that a sharp recovery in Man Group's computer-driven strategies will drive earnings forecasts higher.
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