Expect Mail.ru shares to rise

After a significant (over 8%) decline in the share price of Mail.ru on the background of the news that from Sberbank failed to reach an agreement, the GDR quotations went up again. VTB Capital reports that this cooperation between the companies is quite stable and no "divorce" is discussed.

It is hard to say what it was. But it is obvious that some kind of agreement did emerge and there is reason to expect Mail.ru shares to grow. The closest target: 2335 rubles - the upper border of the side channel.

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