2020-01-13 17:36:10 DSITF Currys
01/13/20 01/1317:36 01/13/2017:36 | Dixons Carphone upgraded to Buy from Neutral at Goldman SachsGoldman Sachs analyst Tushar Jain upgraded Dixons Carphone (DSITF) to Buy from Neutral with a price target of 170 GBp, up from 130 GBp. In the second half of 2020, the analyst expects to see "an inflection in Dixon's U.K. electrical segment profitability," with the segment delivering "consistent mid-single-digit earnings growth in FY21/22, driven by internal initiatives." Jain also sees a "significant transformation of DC's UK mobile segment" in FY21 that should enable it to move into profitability by FY23. |
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