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Wienerberger upgraded to Buy from Neutral at Citi

Citi upgraded Wienerberger to Buy from Neutral with a EUR 38.50 price target. The company’s self-help measures, recent acquisition of Terreal, exposure to relatively stable markets and potential benefit from an inflection in permits across its key markets, places Wienerberger at a relatively better position versus peers, the analyst tells investors in a research note.

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