Broker Recommendations

JPMorgan downgrades Vistry, sees little scope for outperformance

By Benjamin Chiou

Date: Friday 11 Oct 2024

(Sharecast News) - JPMorgan Cazenove has cut its recommendation for Vistry from 'overweight' to 'neutral' and slashed its target price more than a third after a profit warning from the housebuilder on Tuesday, saying that the company needs to "restore confidence" among investors.
Vistry's share price has now tumbled nearly 30%...

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