Maire up 3% as Jefferies lifts price target on strong award outlook

** Shares in Italian engineering group Maire MAIRE gain 3% after Jefferies raises price target, citing confidence the company could "significantly" exceed its 8 billion euros ($9.3 billion) awards target this year

** Stock is up 2.6% to 12.65 euros at 0732 GMT after rising as much as 3.8%, and up 53.15% YTD

** Jefferies raises target price to 14.50 euros from 12.00 euros and reiterates "buy" rating, quoting the CEO who said "additional awards by the end of the year could exceed even significantly our before-mentioned 8 billion euros target"

** Brokerage also lifts its 2025 EBITDA and revenue forecasts towards the top of company guidance, driven by strong project execution and backlog phasing in its integrated engineering and construction solutions division

($1 = 0.8584 euros)