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Deutsche Bank downgrades Babcock, shares slump

By Michele Maatouk

Date: Friday 27 Jun 2025

(Sharecast News) - Deutsche Bank downgraded shares of defence firm Babcock International on Friday to 'hold' from 'buy', saying it was pausing for breath, but lifted the price target to 1,115p from 965p.
It said Babcock delivered full-year results in line with guidance in April, with double-digit organic revenue growth and...

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