Kepler Cheuvreux upgraded AB Foods (ASBFY) to Buy from Hold with a price target of 2,500 GBp, up from 2,200 GBp. The firm expects the company to separate its Primark business, driving share upside.
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Read More on ASBFY:
- Associated British Foods Reports Revenue Decline Amidst Sugar Segment Challenges
- ABF Earnings Call: Mixed Results Amidst Strategic Investments
- AB Foods price target raised to 1,830 GBp from 1,770 GBp at Citi
- AB Foods price target lowered to 2,000 GBp from 2,130 GBp at Deutsche Bank
- AB Foods upgraded to Hold from Sell at Deutsche Bank