Royal Mail upped to ‘overweight’ by JPMorgan as PostNL abandons UK direct … – DIGITALLOOK


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Royal Mail upped to 'overweight' by JPMorgan as PostNL abandons UK direct
DIGITALLOOK
JPMorgan Cazenove upgraded Royal Mail to 'overweight' from 'neutral' and raised the target price to 605p from 515p, pointing to diminished postal risk after PostNL announced the suspension of Whistl's UK direct delivery operations. “While uncertainty …

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