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Volkswagen : UBS raises target price to 210 euros.

(CercleFinance.com) - UBS has raised its target price on Volkswagen from 180 euros to 210 euros, seeing the German carmaker mutate into a "cash flow monster".

The brokerage firm - which maintains a "buy" rating on the shares - explained in a research note that free cash clow could represent 2/3 of the group's market value by 2020.

In addition, the stock is still the broker's "top pick."

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