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IMI shares at all-time highs but HSBC sees 20% more upside as growth improves

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IMI PLC’s (LON:IMI) shares recently hit an all-time high but there is still more to come, reckons HSBC, upgrading its rating to ‘buy’ from ‘hold’. Given the 40%-plus rally in the stock so far this year, “we might be a little late to the party, but we still see significant upside”, the bank’s analysts told clients.

...read full article on Proactive Investors

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