Peel Hunt downgraded Persimmon to Reduce from Hold with a 1,070 GBp price target. The analyst says the shares no longer warrant a premium valuation amid changes in the land market.
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Read More on PSMMY:
- Persimmon price target lowered to 1,112 GBp from 1,181 GBp at Morgan Stanley
- Persimmon price target lowered to 1,600 GBp from 1,700 GBp at JPMorgan
- Persimmon downgraded to Sell from Hold at Deutsche Bank
- Persimmon downgraded to Sell from Neutral at Citi
- Persimmon price target raised to 1,181 GBp from 1,117 GBp at Morgan Stanley