Broker Recommendations

JPMorgan puts Auto Trader on 'negative catalyst watch'

By Michele Maatouk

Date: Tuesday 26 Mar 2024

(Sharecast News) - Auto Trader slumped on Tuesday as JPMorgan Cazenove placed the shares on 'negative catalyst watch' ahead of FY24 results in May.
JPM kept the shares at 'underweight' with a 608p price target.

It noted that a key premise to its downgrade to UW last year was easing...

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