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JPMorgan lifts Tesco price target, places stock on 'positive catalyst watch'

By Michele Maatouk

Date: Monday 01 Sep 2025

(Sharecast News) - JPMorgan Cazenove placed Tesco on 'positive catalyst watch' on Monday ahead of first-half results next month, as it lifted the price target to 450p from 400p and reiterated its 'overweight' rating.
"We have been pretty consistent with our thesis , based on three premises: (i) Rational backdrop, (ii)...

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