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Canaccord Genuity downgrades Future, says risk/reward 'mismatched'

By Michele Maatouk

Date: Friday 09 Aug 2024

(Sharecast News) - Canaccord Genuity downgraded Future on Friday to 'sell' from 'hold' following a strong share price increase of around 100% from the lows.
Canaccord said the valuation and risk/reward outlook are "mismatched".

"With the macro environment increasingly uncertain, GoCompare at peak growth/margins, US advertising peer updates showing some...

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