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Land Securities price target raised to 557 GBp from 550 GBp at Jefferies

Jefferies raised the firm’s price target on Land Securities (LDSCY) to 557 GBp from 550 GBp and keeps a Hold rating on the shares. The firm notes rates packed a punch with REITs down -20% over 4 months with only M&A targets outperforming.

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