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jp morgan target $1.06, page-2

  1. magix66
    5,332 Posts.
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    28/06/12
    16:46
    Post #: 10366669
    popped up this morning...

    it's $0.06 not $1.06

    - PAPERLINX LIMITED

    JP Morgan rates as Underweight (5) - Target $0.06 (was $0.08). Despite asset sales and restructuring benefits J Morgan views the increase in working capital as a concern as PaperlinX remains behind competitors in terms of industry restructuring.

    Changes to forecasts see the broker lower its price target. With the balance sheet still under pressure JP Morgan retains an Underweight rating on the stock.

    http://finance.ninemsn.com.au/newscolumnists/brokercall/8490308/fn-arena-broker-call-headlines-27-jun-2012
    SRS Price at posting: 5.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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