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Shore Capital Downgrades Tesco to Hold Rating, Reduces PT

MT Newswires·08/12/2026 08:34:22
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08:34 AM EDT, 08/12/2026 (MT Newswires) -- Shore Capital on Wednesday downgraded British supermarket group Tesco (TSCO.L) to hold from a buy rating and lowered its price target to 4.80 pounds sterling from 5.25 pounds. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)