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Canaccord Genuity lowers target price on Ultimate Products
By Iain Gilbert
Date: Wednesday 25 Jun 2025
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on homeware brands specialist Ultimate Products from 130.0p to 80.0p following its Wednesday morning profit warning.
Canaccord Genuity said Ultimate Products' trading update flagged that "challenging trading conditions" had continued across H225, resulting in lower FY25 revenue and profit expectations.
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