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RBC Capital upgrades United Utilities, downgrades Pennon

By Michele Maatouk

Date: Wednesday 09 Oct 2024

(Sharecast News) - RBC Capital Markets upgraded its stance on United Utilities on Wednesday, but downgraded Pennon as it took a look at UK water stocks.

The bank lifted United Utilities to 'outperform' from 'sector perform' and upped the price target to 1,150p from 1,050p. RBC said it was switching...

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