Berenberg downgraded Oxford Instruments (OXINF) to Hold from Buy with a price target of 3,000 GBp, up from 2,700 GBp. The firm cites valuation for the downgrade following the stock’s recent rally.
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Read More on OXINF:
- Oxford Instruments price target raised to 2,900 GBp from 2,675 GBp at Deutsche Bank
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- Oxford Instruments Updates Share Buyback and Voting Rights Position
- Oxford Instruments Confirms Total Voting Rights and Share Capital
- Oxford Instruments Cuts Share Count as Buyback Programme Progresses