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Berenberg lowers target price on WH Smith following second guidance downgrade

By Iain Gilbert

Date: Monday 15 Jun 2026

(Sharecast News) - Analysts at Berenberg cut their price target for retailer WH Smith from 574p to 420p on Monday after the group's third‑quarter update triggered a second guidance downgrade and an equity raise to shore up the balance sheet.
Berenberg said the bulk of its downgrade stemmed from a sharper‑than‑expected...

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