(Alliance News) - Itway Spa reported Monday that KT&Partners has begun coverage of the company's stock with a 'buy' recommendation.

KT&Partners set the target price at EUR2.01, a potential upside of 58 percent from current market prices.

Itway's stock is up 14 percent to EUR1.59 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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