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Klépierre: price target raised by Barclays

( - Barclays reiterates its 'overweight' recommendation on Klépierre shares, with a target price raised from E24 to E26, after increasing its EPS estimates for the retail property company.

"After two years of strong indexation and COVID recovery, Klépierre is looking at its next growth lever: distressed acquisitions", the broker notes, which believes that the transaction market, which is quiet at the moment, can provide opportunities to acquire opportunistically.

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