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ubs maintains buy rating on reckitt benckiser with strong growth outlook
UBS has maintained its 'buy' recommendation for Reckitt Benckiser, setting a price target of 7,700 pence, indicating a potential 48% upside. The broker anticipates organic sales growth of 1.2% in the first quarter, driven by a 2.5% increase in the core business, despite a 2% decline in Mead Johnson Nutrition and Essential Home.
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