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Berenberg downgrades L&G and M&G to 'hold'

Published by Iain Gilbert on 31st January 2023

(Sharecast News) - Analysts at Berenberg downgraded insurers Legal & General and M&G from 'buy' to 'hold' on Tuesday, citing high correlation to credit and the UK economy, as well as a lack of organic growth in the latter's asset-management business.

URL: http://www.digitallook.com/dl/news/story/33271181/...

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