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BUZZ-Dixons Carphone: RBC hikes target price

Reuters - UK Focus

** Dixons Carphone (Frankfurt: CWB.F - news) +4.4 pct after RBC Capital Markets raises TP for stock to 230p from 210p

** RBC notes good momentum into the new financial year and robust sales trends in Electricals

** Shares (Berlin: DI6.BE - news) top gainer on FTSE 250; stock erases all losses since Aug 2017

** RBC notes new CEO has built team to speed up decision making

** Brokerage adds Brexit currency headwinds have subsided; competitive pricing in laptops & iPads should drive volumes

** RBC says mobiles market trends tough but not getting worse; expects volume boosts from Samsung & Apple flagship launches