Citi analyst Marc Van’T Sant downgraded PageGroup (MPGPF) to Neutral from Buy with a price target of 130 GBp, down from 300 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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