(Sharecast News) - Citi downgraded supermarket chain Sainsbury's from 'buy' to 'neutral' and lowered its target price on the stock from 377p to 335p on Tuesday following the group's "broadly in-line FY26 results" and weaker-than- expected FY27 EBIT guidance.
Citi now expects FY27 retail sales excluding fuel to rise 3.6%, slightly...

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