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Future plc downgraded to Hold from Buy at Jefferies

Jefferies analyst Weng Lum Khoo downgraded Future plc (FRNWF) to Hold from Buy with a price target of 466 GBp, down from 1,220 GBp. The firm says “dual structural headwinds” from agentic AI and new media “cloud” Future’s near-term prospects.

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