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BofA Downgrades Babcock International to Neutral, Cuts PT

MT Newswires·10/01/2026 08:32:23
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08:32 AM EDT, 10/01/2026 (MT Newswires) -- Bank of America on Thursday lowered British defense company Babcock International Group (BAB.L) to neutral from buy and decreased its price target to 10.60 pounds sterling from 16.08 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)