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6. The current stock price and P/E ratio of the selected stocks are given below. Assuming an earnings growth as detailed below over the

6. The current stock price and P/E ratio of the selected stocks are given below. Assuming an earnings growth as detailed below over the current EPS in 2023 and assuming that current P/E ratio in 2023 will hold good in 2024 as well, estimate the target price of each stock for 2024? Stocks Price ($s) P/E (2023) Target Price Earnings growth in 2024 2024 Microsoft 333 34 15% Pfizer 33 9 2% Netflix 359 38 5% Moderna 361 37 3% Beyond Meat 9 - 2 -5%

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