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Oct 26. Deutsche Bank raises Severstal-Avto target price 7%, reiterates Buy.

Finamrus com 26.10.2007 16:03
http://www.finamrus.com/newtopics/news03BDD/default.asp
Deutsche Bank has lifted its target price for Severstal-Avto’s stocks from $51.50 to $55.30, the bank’s analysts said in an equity research note. The Buy recommendation on the stock was left intact. DB analysts revised Severstal-Avto’s valuation model on the back of impressive performance exhibited by the company in January-June 2007.

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