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Tangent Communications 37% upside in share price after results

By Staff Writer | Monday 19 May 2014


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Tangent Communications (TNG) has today served up its results for the year to 28th February which were marginally ahead of forecasts and have prompted broker Canaccord to reiterate a BUY stance at 9p with a target price of 12.7p: 37% upside.


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