Goldman Sachs downgraded Segro (SEGXF) to Neutral from Buy with a price target of 890 GBp, up from 870 GBp. The firm, which update its estimates post the company’s FY25 results and updated its cost of debt assumptions, notes that the shares are up about 32% since September 8 and cites that “strong outperformance” for its downgrade.
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