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What’s next for Lloyds shares after solid earnings?

The UK’s third most valuable bank received stock target price upgrades from Credit Suisse, JPMorgan and UBS analysts. Lloyds Banking Group (LON: LLOY) shares have fallen 1.9% since reporting H1 results Nevertheless, a trio of research firms are now eyeing higher target prices The group reported a statutory profit before tax of £3.9 billion for the period, up from a loss of £0.6 billion It also reintroduced a ‘progressive and sustainable ordinary dividend policy’

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