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A2 Milk Company upgraded to Outperform from Neutral at Macquarie

A2 Milk Company upgraded to Outperform from Neutral at Macquarie

Macquarie upgraded A2 Milk Company (ACOPF) to Outperform from Neutral with a price target of A$7.85, up from A$5.70. The market is “still tough,” but early-stage performance is “encouraging” as A2 saw revenue growth accelerate and revenue beat expectations despite constraints, the analyst tells investors.

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