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Royal Mail under the cosh after Credit Suisse downgrade – DIGITALLOOK

admin November 2, 2017 Royal Mail Leave a comment 172 Views


DIGITALLOOK

Royal Mail under the cosh after Credit Suisse downgrade
DIGITALLOOK
Royal Mail was under the cosh on Tuesday as Credit Suisse downgraded the stock to 'underperform' from 'neutral' and cut the price target to 325p from 492p, pointing to worsening letter revenue trends and labour costs. The bank said it expects worsening …

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