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Satellite communications services provider Inmarsat got a boost on Tuesday as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and hiked the price target to 1,000p from 760p.
Strategists at Credit Suisse said they preferred Defensive shares over Cyclicals, albeit with one exception, financials, which led them to reiterate their 'benchmark' stance towards the former.
Satellite communications services provider Inmarsat got a boost on Tuesday as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and hiked the price target to 1,000p from 760p.
