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Broker snap: Aggreko upgraded after interims
Mon, 01 Dec, 2008
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Broker snap: Aggreko upgraded after interims
Tue, 26 Aug 2008, 09:51:00
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Related Market Prices
Name
Value
Percent
Change
Aggreko
411.00p
-8.16%
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Aggreko
remains a 'hold' at KBC Peel Hunt, with earnings estimates lifted after the temporary power supplier's interim results came in just ahead of expectations.
While US and European markets are showing signs of slowing, any weakness should be more than offset by strength in other markets, the broker said.
A recession in the US is looking less likely now anyway, it added.
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