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UBS cuts Smith & Nephew target on competitive threats to three franchises
Source: proactiveinvestors.co.uk
Analyst InsightsCorporate Guidance & OutlookCompany Fundamentals
UBS cut its Smith & Nephew price target to 1,120p from 1,300p, saying even the company’s reduced FY guidance remains at risk. The neutral rating is unchanged, with the new target suggesting ~3.5% upside versus Monday’s close of 1,082p.
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