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Rosy outlook for Valmec, says Hartleys

THE need for new gas infrastructure to alleviate Australia’s tightening east coast market is boosting prospects for local energy services group Valmec though risks remain. 

Sally Bogle
Rosy outlook for Valmec, says Hartleys

In a research note Hartleys is maintaining its speculative buy recommendation for Valmec and upgrading its 12-month target price from A37c to 50c.    It follows a strong recent first half of 2017-18...

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