Morgan Stanley analyst Lisa De Neve downgraded Tate & Lyle to Underweight from Equal Weight with a price target of 500 GBp, down from 590 GBp. The firm sees higher risk to the company’s medium term targets from Tyson Foods’ decision to phase out sucralose from its U.S. products.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TATYY: