Deutsche Bank analyst Tom Sykes downgraded Unilever (UL) to Hold from Buy with an unchanged price target of 5,150 GBp. The firm cites valuation for the downgrade with the shares up 10% over the last month and 14% from the January lows. Unilever now trades at a premium to the market, the analyst tells investors in a research note. Deutsche likes the transformation under the new CEO but downgraded Unilever with the shares above the price target
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