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Ocado rallies as JPMorgan hikes price target, says several catalysts ahead

By Michele Maatouk

Date: Tuesday 20 Oct 2026

(Sharecast News) - Ocado surged on Tuesday as JPMorgan upped its price target on the stock to 460p from 290p and reiterated its 'overweight' rating, saying that operational momentum continues to build and there are several catalysts ahead.
"We continue to be excited about the Ocado investment case given ongoing momentum...

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