BofA lowered the firm’s price target on Unilever (UL) to 5,700 GBp from 6,075 GBp and keeps a Buy rating on the shares. With the Magnum Ice Cream (MICC) listing done and share consolidation completed to offset the EPS impact, the firm expects investors to refocus on a “slimmer Unilever,” whose fundamentals screen well into FY26, the analyst says.
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