Kepler Cheuvreux downgraded Rolls-Royce (RYCEY) to Hold from Buy with a 952 GBp price target The firm cites valuation for the downgrade.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RYCEY:
- Rolls-Royce price target raised to 1,040 GBp from 900 GBp at JPMorgan
- Rolls-Royce price target raised to 935 GBp from 860 GBp at Deutsche Bank
- Amazon Goes Nuclear on the U.K. to Meet $10B AI Ambitions
- Positive Outlook and Buy Rating for Rolls-Royce Holdings Amid Strong Growth and Strategic Mitigations