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Royal Mail shares: Goldman Sachs sets price target of 610p

Row over privatisation may escalate over 12-month target after bank had advised government to float business at just 330p Goldman Sachs has risked a further escalation of the Royal Mail privatisation row by putting a price target on the shares of 610p despite telling the government that the business should be floated at 330p last month. Analysts at Goldman said the postal group's valuation …

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