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Bytes Technology upgraded to Buy from Hold at Jefferies

Bytes Technology upgraded to Buy from Hold at Jefferies

Jefferies analyst Charles Brennan upgraded Bytes Technology (BYITY) to Buy from Hold with a 380 GBp price target The company's annual general meeting statement was 'undeniably weak', but the growth slowdown should be temporary and the fundamental health of Microsoft (MSFT) should underpin a future recovery for Bytes, the analyst tells investors in a research note.
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