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Kingspan Group PLC (ISE:KRX) has been upgraded to 'buy' from 'hold' by Jefferies, which raised its price target to €140 from €103.90 and named the building materials group a sector top pick, citing accelerating data-centre exposure, stronger earnings growth and further acquisition potential. The target implies around 38% upside from the €101.17 share price used in the broker's analysis.