MARKET TALK: HSBC Lifts Burberry Target To 900p

11th Jun 2010 10:09

0909 GMT [Dow Jones] HSBC lifts its target price on Burberry (BRBY.LN) to 900p from 850p. The broker says the luxury retailer has a recession-resistant top line that will accelerate substantially this fiscal year. Overweight rating. Shares +1.7% at 797p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 11, 2010 05:09 ET (09:09 GMT)

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