RBC Capital upgraded Persimmon (PSMMY) to Outperform from Sector Perform with a price target of 1,750 GBp, up from 1,375 GBp. The firm adjusted ratings in the UK housebuilders group as part of a 2026 outlook. With “little support” from the Budget and Royal Assent for the Infrastructure Bill, RBC prefers the “self-help and strategic land stories.”
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