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  1. #1
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    A broker(Forbar) has started coverage on EVO. Outperform rating and target of 1.21
    More details here
    http://markets.ft.com/research/Marke...asts?s=EVO:NZC
    and here
    http://www.reuters.com/finance/stock...?symbol=EVO.NZ
    No advice here. Just banter. DYOR

  2. #2
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    Auckland
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    Quote Originally Posted by noodles View Post
    A broker(Forbar) has started coverage on EVO. Outperform rating and target of 1.21
    More details here
    http://markets.ft.com/research/Marke...asts?s=EVO:NZC
    and here
    http://www.reuters.com/finance/stock...?symbol=EVO.NZ
    If they do make the target price in the next year, couple that up with a dividend, and you could see 25% returns.

    Of course there is further upside if (when) more eps accretive acquisitions are made.
    No advice here. Just banter. DYOR

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