Citi analyst Marc Van’T Sant downgraded Hays (HAYPF) to Neutral from Buy with a price target of 33 GBp, down from 62 GBp. While the European staffing names could “squeeze” when the war ends, the negative AI negative will come back, potentially weighing on pricing and gross margin expectations, the analyst tells investors in a research note. Citi downgraded four names in the space.
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