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Vinci: price target raised by Barclays

( - Barclays reaffirms its 'overweight' recommendation on Vinci shares, with a target price raised from E132 to E140, explaining "We adopt a positive stance on the segment for 2024", and believing that "share prices offering substantial upside".

In its sector note, the broker also highlights "overlooked short-term growth, strong inflation hedges to fuel margin expansion, above-average growth/execution midterm and share prices offering substantial upside".

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