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Declining sales at Castorama will limit near-term growth at Kingfisher, Goldman Sachs said, as it cut the stock to 'neutral' from 'buy' and chopped the price target to 270p from 350p.
Burberry should become a more attractive brand in future, but the market's expectations are more reasonable on the fact that this will take several seasons, said broker Kepler as it upgraded its rating on the fashion retailer.
