MQG 0.72% $224.91 macquarie group limited

deutsche on mqg, page-5

  1. 2,602 Posts.
    Credit Suisse 10/02/2010 1 Outperform $61.00 29.0%

    Target $61.00 (was $67.00). While management lifted earnings guidance the increase was by less than the broker had expected and so it cuts its earnings estimates through to FY12, the changes meaning a reduction in price target.

    Despite the changes the broker still sees the stock as offering growth and positive earnings momentum and given this combination it retains its Outperform rating.
 
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