888 Holdings downgraded to Neutral from Overweight at JPMorgan

JPMorgan analyst Estelle Weingrod downgraded 888 Holdings to Neutral from Overweight with a price target of 97 GBp, down from 150 GBp. The firm turned more conservative on estimates ,driven by a “number of warnings” in the industry, all of which are flagging another set of challenging sports results in October, and longer than expected regulatory pressures in the U.K. and dotcom markets.