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Deutsche Bank downgrades JD Sports, says cost of growth underestimated

By Alexander Bueso

Date: Monday 12 Aug 2024

(Sharecast News) - Analysts at Deutsche Bank downgraded their recommendation for shares of JD Sports from 'hold' to 'sell' due to what it saw as the inevitable cost of growing the business and trimmed their target price of 115.0p.
In their judgement, the company's profit and loss suggested margin for just...

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