Jefferies analyst Ahmed Farman downgraded Centrica (CPYYY) to Hold from Buy with a price target of 210 GBp, up from 200 GBp. The firm sees lack of near-term catalysts and negative earnings revisions as overhangs for the stock.
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Read More on CPYYY:
- Centrica: Fairly Valued With Limited Near-Term Catalysts and Unclear Post-2028 Growth, Justifying a Hold Rating
- Centrica price target raised to 232 GBp from 205 GBp at Goldman Sachs
- Centrica price target raised to 225 GBp from 215 GBp at RBC Capital
- Centrica price target raised to 224 GBp from 203 GBp at JPMorgan
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