Jefferies downgraded J Sainsbury (JSAIY) to Hold from Buy with an unchanged price target of 300 GBp. The firm says the downgrade is entirely based on recent share price performance rather than change in the fundamental narrative.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JSAIY:
- J Sainsbury price target lowered to 270 GBp from 280 GBp at Citi
- J Sainsbury price target raised to 255 GBp from 250 GBp at Morgan Stanley
- J Sainsbury downgraded to Hold from Buy at Kepler Cheuvreux
- J Sainsbury price target lowered to 320 GBp from 340 GBp at Barclays
- J Sainsbury price target raised to 330 GBp from 305 GBp at JPMorgan