LONDON, July 1 (newratings.com) - Analysts at ING Financial Markets maintain their "buy" rating on Barco SA (ticker: BC1N). The target price has been raised from E29 to E36.
In a research note published this morning, the analysts mention that the
company's growth prospects are expected to be driven by its improving fundamentals. Barco (Brussels:
BAR.BR -
news) 's new and ambitious team is set to unveil several changes, the analysts add. The likely upsurge in the digital cinema market is expected to have a positive impact on the company's performance in the near future, ING Financial Markets says.
© 2009 New Ratings
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