JPMorgan analyst Estelle Weingrod downgraded 888 Holdings to Neutral from Overweight with a price target of 97 GBp, down from 150 GBp. The firm turned more conservative on estimates ,driven by a “number of warnings” in the industry, all of which are flagging another set of challenging sports results in October, and longer than expected regulatory pressures in the U.K. and dotcom markets.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on EIHDF: