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ITALY: Deutsche Bank cuts Campari rating

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Investment bank Deutsche Bank has cut its rating on Campari to "hold" from "buy" as the company closes in on its target price.

"Due to the strong outperformance over the past two years, Campari's share price is only three euros away from our target price," said Deutsche in a Research note.

"Once again the company's reputation for delivering has been maintained."


Sectors: Spirits, Wine

Companies: Campari

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