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Metcash (MTS) $4.28

We got 1H23 results from the grocery wholesaler and growing hardware operative earlier this week and they were solid in all key metrics, this performance has driven the share price 8% higher over the measured period. While we originally bought MTS at $3.50 and collected some nice dividends along the way, we think MTS will continue to be a slow burn on the upside with our eventual target sitting at $5.00.

MTS
MM remains moderately bullish MTS targeting $5
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Metcash (MTS)
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