MARKET TALK: Tesco 1Q Update Shows Solid Start -RBS

15th Jun 2010 07:52

0652 GMT [Dow Jones] Tesco's first-quarter trading update is in-line with expectations and represents a solid start to the year, RBS analyst Justin Scarborough says. The analyst says international sales are improving again. Buy rating and 523 pence target. Shares closed Monday at 392 pence. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 15, 2010 02:52 ET (06:52 GMT)

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