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Vallourec 1Q Revenue Meets Expectations (New Ratings)
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0615 GMT [Dow Jones] Vallourec's (12035.FR) 1Q revenues are in line with estimates, and the reiteration of guidance was also expected, says an analyst. "I have to re-do my estimates and price target, but the fundamentals are sound and the valuation still remains attractive," the analyst says. Stock closed at EUR1075 Tuesday. (BJL)
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