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Fly News Breaks for January 24, 2019
RBGLY
Jan 24, 2019 | 05:00 EDT
Jefferies analyst Martin Deboo downgraded Reckitt Benckiser to Hold and lowered his price target for the shares to 5,000p from 6,800p. The surprise retirement of CEO Rakesh Kapoor brings risk of margins being reset under a new CEO, Deboo tells investors in a research note.