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RBC Capital downgrades BAT to 'underperform'

Published by Michele Maatouk on 2nd September 2025

(Sharecast News) - RBC Capital Markets downgraded British American Tobacco on Tuesday to 'underperform' from 'sector perform' but lifted the price target to 3,400p from 3,000 as it said profit expectations for the company's New Categories are "seriously overblown".

URL: http://www.digitallook.com/dl/news/story/35324410/...

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