Barclays downgraded Smiths Group to Equal Weight from Overweight with a price target of 1,825 GBp, down from 1,845 GBp. The analyst cites slowing sales momentum for the company’s largest and highest margin division, John Crane, 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 SMGZY: