Redburn Atlantic Downgrades Rentokil Initial to Neutral
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Oliver Davies has downgraded Rentokil Initial (NYSE:RTO) from Buy to Neutral, indicating a change in the analyst's outlook on the company's stock.
September 19, 2024 | 9:43 am
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NEGATIVE IMPACT
Redburn Atlantic's analyst Oliver Davies has downgraded Rentokil Initial from Buy to Neutral, suggesting a less optimistic view on the stock's potential performance.
The downgrade from Buy to Neutral by a reputable analyst can lead to a negative short-term impact on Rentokil Initial's stock price as it reflects a less favorable view on the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100