Citi analyst Ami Galla downgraded Persimmon to Sell from Neutral citing the company’s operational challenges and home affordability challenges from higher mortgage rates.
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Published first on TheFly
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Read More on PSMMY:
- Persimmon price target raised to 1,181 GBp from 1,117 GBp at Morgan Stanley
- Persimmon price target lowered to 1,220 GBp from 1,230 GBp at UBS
- Persimmon price target lowered to 1,700 GBp from 2,150 GBp at JPMorgan
- Persimmon downgraded to Hold from Buy at Investec
- Persimmon downgraded to Hold from Buy at Jefferies