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Bytes Technology Group's stock jumps 17.9% after analyst raises price target, insider buys shares.
Bytes Technology Group's (LON:BYIT) shares surged 17.9% on Tuesday after Berenberg Bank raised its price target from GBX 640 to GBX 660, maintaining a "buy" rating.
The stock traded as high as GBX 503 and closed at GBX 488.40. Insider Ross Paterson bought 2,800 shares at GBX 427 each.
The UK-based company, which offers software, security, and cloud services, has a market cap of £1.19 billion.
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Las acciones de Bytes Technology Group saltan un 17,9% después de que el analista suba el objetivo de precio, el iniciador compra acciones.