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Bunzl downgraded to Neutral from Overweight at JPMorgan

JPMorgan analyst Sylvia Barker downgraded Bunzl (BZLFY) to Neutral from Overweight with a price target of 2,700 GBp, down from 3,500 GBp. While the stock’s valuation is attractive, “renewed uncertainty weighs,” the analyst tells investors in a research note.

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