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Fly News Breaks for May 1, 2019
May 1, 2019 | 04:49 EDT
Keefe Bruyette analyst Edward Firth double downgraded Royal Bank of Scotland Group to Underperform from Outperform and lowered his price target for the shares to 2.35 pounds from 2.90 pounds. The analyst has doubts the bank can hit its fiscal 2020 targets following its weaker than expected Q1 results and the departure of CEO Ross McEwan.
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