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Citi cuts Fever-Tree price target, keeps 'neutral' rating

By Michele Maatouk

Date: Friday 09 Aug 2024

(Sharecast News) - Citi cut its price target on Fever-Tree on Friday to 950p from 1,115p citing slight model changes and an adjustment to its price-to-earnings valuation method.
The bank maintained its 'neutral' rating on the shares into the first-half results.

"Poor weather across much of Europe, particularly in June...

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