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Citi downgrades BT to 'sell', expects Openreach revenue decline

By Michele Maatouk

Date: Tuesday 18 Feb 2025

(Sharecast News) - BT Group slumped on Tuesday as Citi downgraded its stance on the shares to 'sell' from 'buy' and cut the price target to 112p from 200p as it said that Openreach was facing a revenue decline.
"We forecast Openreach turning to revenue decline in 2025/26 and staying there...

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