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Barclays downgrades Asos to 'underweight'

By Michele Maatouk

Date: Tuesday 10 Sep 2024

(Sharecast News) - Barclays downgraded Asos to 'underweight' from 'equalweight' and cut the price target to 290p from 300p as it said the online fashion retailer was no longer just a refinancing story.
Barclays said that over the past three months, it felt that the biggest driver of Asos's equity story...

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