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UBS downgrades Segro, cites weaker outlook for logistics rental growth

By Michele Maatouk

Date: Tuesday 20 Aug 2024

(Sharecast News) - UBS downgraded Segro on Tuesday to 'neutral' from 'buy' and cut the price target to 985p from 1,045p due to a weaker outlook for logistics rental growth.
"In April we transferred coverage of Segro with a buy rating and an analysis of the potential upside from their data...

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