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Stifel downgrades Spirax-Sarco to 'sell'

By Michele Maatouk

Date: Friday 08 Mar 2024

(Sharecast News) - Stifel downgraded Spirax-Sarco on Friday to 'sell' from 'hold' after the company's results.
Stifel said the full-year numbers were in line with much-lowered guidance and its outlook was broadly reassuring, if heavily second-half weighted and not without risk.

"But valuations, which have long looked full, seem to...

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