Jefferies double downgraded Judges Scientific (JSCIF) to Underperform from Buy with a price target of 4,051 GBp, down from 7,380 GBp. The firm downgraded the shares as part of its 2026 outlook for the UK capital goods space. The macro backdrop remains mixed, with little desire among investors to chase the cyclicals and smaller UK names, the analyst tells investors in a research note.
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