Jefferies raised the firm’s price target on Renishaw (RNSHF) to 3,530 GBp from 2,450 GBp and keeps a Hold rating on the shares. Jefferies noted that Renishaw’s focus on EBITA margin improvement is “delivering ahead” of the firm’s prior expectations, and increased its FY26/FY27 EBITA forecasts by 18% and 8%, respectively.
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