Barclays downgraded Rightmove (RTMVY) to Underweight from Equal Weight with a price target of 570 GBp, down from 775 GBp. The firm cites the company’s intensified competition and risk that the guidance reset is not the final one for the downgrade.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RTMVY: