--Deutsche Bank lifts QSC to "buy"

Internet Business News
02-15-2011
--Deutsche Bank lifts QSC to "buy"

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS

15 February 2011 - Deutsche Bank has raised its recommendation on the stock of German telecommunications provider QSC AG to "buy" from "hold" and increased the share price target to EUR4.00 from EUR1.65.
The strong development of the company's share in the last two months is attributable to its current operating performance and positive outlook, analyst Benjamin Kohnke said.

Thanks to its good balance sheet and the high free cash flow, QSC will be able to implement its acquisition strategy, the expert added.

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