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JPMorgan downgrades Auto Trader to 'underweight'

JPMorgan Cazenove downgraded Auto Trader on Tuesday to ‘underweight’ from ‘neutral’ and cut the price target to 555p from 630p as it pointed to easing momentum in the core business and an unattractive valuation. ....

Digital Retailing , Auto Trader , 39 Underweight 039 , Category All , Category Market Report , Category Broker Recommendations , Category Market Pulse ,