MARKET TALK: Goldman Sachs Upgrades Mondi To Buy

21st Jul 2010 07:37

0637 GMT [Dow Jones] Goldman Sachs upgrades Mondi (MNDI.LN) to buy from neutral, citing divergent trends in paper and packaging. Demand for newsprint and magazine papers has been in structural decline for at least a decade, but packaging grades offer some structural growth potential. GS forecasts steady price progression. Still, it cuts the price target to 564p from 713p. Shares closed Tuesday at 398p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 21, 2010 02:37 ET (06:37 GMT)

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Share	Price	Change
Nativo Resources (NTVO)	0.375	85%
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Top By Volume

Share	Price	Volume
Forgent (FORG)	0.008	2,109,209,884
Nativo Resources (NTVO)	0.375	982,067,510
Empyrean (EME)	0.047	757,967,255
Buccaneer Ergy (BUCE)	0.014	677,266,703
Lloyds (LLOY)	108.95	367,706,776

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