Broker Recommendations

Shore Capital downgrades Tesco to 'hold', says it's time to pause for breath

By Michele Maatouk

Date: Wednesday 12 Aug 2026

(Sharecast News) - Shore Capital downgraded Tesco on Wednesday to 'hold' from 'buy' and suggested investors pause for breath.
The broker, which cut its price target to 480p from 525p, said Tesco has done all that it could have asked from the business in recent years.

"An outstanding management team...

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