Morgan Stanley analyst Annelies Vermeulen raised the firm’s price target on Rentokil Initial (RTO) to 550 GBp from 520 GBp and keeps an Overweight rating on the shares. The firm, which updated its model for the FY25 results and new FY26 guidance, now forecasts 4% group organic growth for FY26, up from 3.7% previously.
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