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Canaccord Genuity lowers target price on B&M following CEO's exit

By Iain Gilbert

Date: Tuesday 25 Feb 2025

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on discount retailer B&M from 545.0p to 495.0p on Tuesday following the surprise announcement of chief executive Alex Russo's departure and a further moderation to FY25 guidance.
Canaccord Genuity pointed out that Russo's departure follows the news announced in November...

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