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RBC Capital downgrades Ashtead, slashes price target

By Michele Maatouk

Date: Tuesday 29 Apr 2025

(Sharecast News) - RBC Capital Markets downgraded equipment rental firm Ashtead on Tuesday to 'sector perform' from 'outperform' and slashed the price target to 4,125p from 6,750p as it factored in a slowdown.
"We struggle to escape the conclusion that seismic changes in US economic policy are likely to lead to...

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