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JPMorgan upgrades Ocado to 'overweight', shares surge

By Michele Maatouk

Date: Wednesday 26 Mar 2025

(Sharecast News) - Ocado surged on Wednesday after JPMorgan Cazenove upgraded the shares to 'overweight' from 'neutral' and lifted the price target to 400p from 340p.
The bank said that having been either 'neutral' or 'underweight' on Ocado since 2018, it is revisiting the investment case and has identified several reasons...

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