tiprankstipranks
Trending News
More News >

AB Foods downgraded to Underweight from Equal Weight at Morgan Stanley

Morgan Stanley downgraded AB Foods (ASBFY) to Underweight from Equal Weight with a price target of 1,900 GBp, down from 2,550 GBp. The firm sees Primark as most at risk across its UK apparel retail coverage from UK macro risks, online market share gains and margin pressure from increased cost headwinds and heightened investments.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue