Accelleron rises on guidance hike after 'strong' H1 growth
BUZZ-Accelleron rises on guidance hike after 'strong' H1 growth ** Shares in Accelleron Industries ACLN.S rise 5.6% pre-market after it raised FY revenue growth outlook
** The engine turbocharger maker expects organic revenue growth between 14% and 17% (prev.: +9%-14%)
** Vontobel says the guidance hike confirms the company's "beat-and-raise pattern" and supports the shares even if consensus estimates are already at the higher end
** Accelleron's H1 revenues come in at $737.3 million
** Jefferies says H1 growth is strong across the board
** Up to the previous session close, the stock gained 26.5% YTD
(Reporting by Amir Orusov)