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Goldman double downgrades Sainsbury's to 'sell', shares slump

By Michele Maatouk

Date: Monday 27 Apr 2026

(Sharecast News) - Sainsbury's was under the cosh on Monday after Goldman Sachs downgraded its stance on the supermarket retailer to 'sell' from 'buy' and cut the price target to 335p from 390p, citing macro headwinds and intensifying competition in non-food retail.
Goldman said that while full-year EBIT and free cash...

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