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Jefferies reinstates 'buy' rating on Johnson Matthey, shares rally

By Michele Maatouk

Date: Tuesday 04 Aug 2026

(Sharecast News) - Johnson Matthey rallied on Tuesday after Jefferies reinstated coverage of the shares with a 'buy' rating and 2,330p price target following full-year results and the Cormetech acquisition.
It said that with the sale of the Catalyst Technologies business completed and returns calendar confirmed, the story now turns to...

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