JP Morgan has given German cable operator KDG a boost by giving it an Âoverweight rating and a Â30 share price target.
The investment bank said the company will report full fiscal 2009/2010 EBITDA of Â655m and that the the 2010/2011 forecast would have a positive effect on the future performance of the company’s shares. Shares opened at Â23.50 this morning.
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