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RBC Capital Markets downgrades Conduit, slashes price target

By Michele Maatouk

Date: Friday 21 Feb 2025

(Sharecast News) - RBC Capital Markets downgraded Conduit Holdings on Friday to 'sector perform' from 'outperform' and cut the price target to 425p from 575p.
It said the weaker return on equity outturn for FY24 and outlook for FY25 relative to peers impairs Conduit's proposition as a well-timed new business launch...

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