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	<title>buy-rating &amp;laquo; WordPress.com Tag Feed</title>
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	<pubDate>Mon, 06 Oct 2008 20:05:21 +0000</pubDate>

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<title><![CDATA[Citigroup keeps buy rating on Air Arabia]]></title>
<link>http://mylastresort.wordpress.com/?p=13</link>
<pubDate>Tue, 04 Mar 2008 09:39:18 +0000</pubDate>
<dc:creator>C&#38;N</dc:creator>
<guid>http://chartsandnumbers.com/2008/03/04/citigroup-keeps-buy-rating-on-air-arabia/</guid>
<description><![CDATA[According to Reuters, Citigroup maintained its &#8220;buy&#8221; rating and a price target of 2.85]]></description>
<content:encoded><![CDATA[<p>According to Reuters, Citigroup maintained its "buy" rating and a price target of 2.85 dirhams on Middle East's biggest low cost carrier Air Arabia.<br />
   Citigroup said its rating on the stock is based on the company's first-mover advantage in an under-penetrated sector, and added that expected revenue contribution from new bases for the company to rise from 7 percent in 2008 to about 25 percent in 2010 and approach 50 percent in 2015.<br />
(Reporting by Ramya Dilip in Bangalore)</p>
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