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Up 31% in a year, just how much more upside does Macquarie tip for Coles shares?

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Coles Group Ltd (ASX: COL) shares have enjoyed a strong run over the past year.

In afternoon trade today, shares in the S&P/ASX 200 Index (ASX: XJO) supermarket giant are up 1.2%, changing hands for $21.47 apiece.

That sees Coles stock up an impressive 31.0% since…



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