GTT: supported by a broker upgrade

(CercleFinance.com) - GTT has gained almost 4%, boosted by a recommendation upgrade from Berenberg to 'buy' with a price target raised to 155 euros, following the 'solid' half-year results unveiled by the LNG membrane containment specialist.


Despite this, the share price is down 17% from its March peak, due to the broader sell-off in the equity market", points out the broker, who therefore considers this decline "exaggerated, given GTT's solid fundamentals".

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