I am never one to quote analysts even when their target prices are far beyond the current price or vice versa. Over time you get a really good handle of when the timing of a recommendation change occurs, the difference between the old and new price targets and their alleged reasons for their change.
All I can do is shake in my head in disbelief (let’s leave it at that) when an article is devoted in the AFR to the new IO price target by Liberum.
Less said the better....
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