MARKET TALK: Investec Raises Robert Walters Target

7th Jul 2010 10:10

0910 GMT [Dow Jones] Investec Securities raises Robert Walters (RWA.LN) target to 300p from 260p following the company's 2Q update. Says it confirms the group has continued to perform very well, with the Asia Pacific region recovering particularly strongly. Notes headcount has been increased and there are plans to further expand the office network. Retains a buy recommendation "on a business with strong management, a very attractive international profile and further strong recovery potential." Shares +13% at 220p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 07, 2010 05:10 ET (09:10 GMT)