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Verve Group SE Continues Growth Momentum in Q3

First Berlin Equity Research has maintained its BUY recommendation for Verve Group SE, with a steady target price of €5.40. The report highlights Verve's successful trajectory, with a notable performance in the preliminary Q3 data. The company experienced a 31% year-over-year increase in organic sales growth, driven by onboarding new clients, scaling existing partnerships, and heightened demand for ID-less targeting solutions.

This growth aligns with Verve's overall positive trend observed in the previous quarters. The market responded favorably, continuing the stock's exceptional year-to-date performance. Expectations for Verve's full Q3 results, due on November 28, are optimistic, anticipating consistent earnings.

R. E.

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