Kaynak: Proactive Investors Haber Ajansı
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UBS cuts Ocado target by a third as growth path stays clouded

UBS cuts Ocado target by a third as growth path stays clouded

UBS has cut its price target on Ocado Group PLC (LSE:OCDO) to 230p from 340p, a 34% reduction that reflects less confidence in the timing and scale of new contract wins rather than any change to its neutral rating. The shares closed at 212p on Wednesday, leaving barely 9% of implied upside.
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