By Michele Maatouk
Date: Friday 08 Mar 2024
(Sharecast News) - Barclays downgraded shares of Imperial Leather maker PZ Cussons on Friday to 'equalweight' from 'overweight' and slashed the price target to 111p from 205p, citing "too much" Nigerian exposure.
The Naira devaluation has brought more issues with a weakening macro backdrop, which continues to weigh heavily on PZ,...
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