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Fri, 06/01/2012 - 08:00
W H Smith has been upgraded from neutral to a 'buy' by Bank of America Merrill Lynch after the broker said it believes the threat of e-books is "overstated".
It has upped its target price from 575p to 600p and said because WHS has large market shares in non-fiction and children's books and the majority of e-book...


