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Team17 assumed with Hold from Underperform at Jefferies

Jefferies analyst Sebastian Patulea upgraded Team17 to Hold from Underperform with a price target of 475 GBp, up from 346 GBp, after assuming coverage of the name. The analyst is positioning towards the low-end of the video game market, towards highly recognizable properties and towards operators with recurring revenue models.

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Published first on TheFly

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