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Deutsche Bank downgrades Primark owner AB Foods to 'sell'

By Michele Maatouk

Date: Tuesday 27 Aug 2024

(Sharecast News) - Associated British Foods slumped on Tuesday as Deutsche Bank downgraded its rating on shares of the Primark owner to 'sell' from 'hold' and cut the price target to 2,190p from 2,290p.
The bank said it was taking a more cautious view on the shares, with AB Foods' profit...

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