Ocado share price target hacked down by Deutsche on thin guidance
Portfolio Pulse from
Ocado Group PLC's share price target was significantly reduced by Deutsche Bank from 660p to 370p due to disappointing guidance in recent results.
March 06, 2025 | 9:00 am
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Deutsche Bank has cut Ocado's share price target from 660p to 370p following disappointing guidance, indicating potential short-term pressure on the stock.
The significant reduction in Ocado's share price target by Deutsche Bank suggests a negative outlook based on recent guidance. This is likely to lead to short-term downward pressure on the stock as investors react to the revised expectations.
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