$London Stock Exchange Ltd.(LNSTY)$
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π―ππ LNSTY Eyes $46+ and Beyond! πππ―
Kia ora Tiger traders!
Redburn-Atlantic has maintained its Buy rating for London Stock Exchange Group Plc. (OTC: LNSTY), with a target of GBP135.00. The stock chart hints at a bullish path towards $46+ ππΉ, and the momentum is building!
So, whatβs behind this optimistic outlook?
π π The Refinitiv acquisition has set the stage for LNSTYβs growth strategy. πΈβ¨ By focusing on enterprise sales, rolling out new products, and driving productivity, the company is primed for success. CFO Proch has sharpened cost efficiencies, especially in customer service, helping to scale the business while trimming expenses. ποΈββοΈπΌ
Redburn-Atlantic predicts a 30% potential upside, sticking to its 12-month price target of GBP135.00. π πΈ Forecasts are strong, with expectations of free cash flow to equity and earnings growth doubling by 2027. Itβs all about stacking up those gains! π¦π
The analysts summed it up well: βLSEG shareholders are on the cusp of reaping the benefits of a period of heavy investment post the Refinitiv acquisition, following a realignment of the go-to-market strategy around enterprise sales.β Sounds like smooth sailing ahead! ππ
Happy trading ahead. Cheers, BC π
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