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BUZZ-Man Group: Goldman "conviction buy" tag lifts stock to over 3-yr high

Reuters - UK Focus

** Man Group (LSE: EMG.L - news) , the best performer on the STOXX 600 in 2014, gets another boost after it goes straight to "conviction buy" from "neutral" at Goldman Sachs (NYSE: GS-PB - news)

** Stock up nearly 90 pct last year & gains have spilled over into 2015, with the latest move helping it punch above chart resistance to highest levels since Sept 2014

** Nine brokers have raised their price target this year and the stock ranks better than 98 pct of the European stocks under StarMine coverage on analyst revisions

** Goldman notes Man Group's five consecutive quarters of net inflows and expects company to generate $900 mln in cash flow, after dividends, over next 5 years

($1 = 0.6474 pounds) (RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)