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Citi downgrades Pennon to 'neutral'

By Michele Maatouk

Date: Monday 03 Nov 2025

(Sharecast News) - Citi downgraded Pennon on Monday to 'neutral' from 'buy' but lifted the price target to 542p from 539p.
It noted that the shares are up around 30% in the last eight months, driven by a combination of re-rating from its lows post equity raise and recent downward gilt...

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