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Rolls-Royce downgraded to Neutral from Buy at Citi
The Fly

Rolls-Royce downgraded to Neutral from Buy at Citi

Citi analyst Charles Armitage downgraded Rolls-Royce (RYCEY) to Neutral from Buy with a 641 GBp price target Following a strong recovery “from the depths of Covid,” Rolls-Royce shares are now approaching fair value, the analyst tells investors in a research note.

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