Thursday, 28th May 2015

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Raymond James cuts BT to 'underperform'; sees headwinds from changing competitive landscape

Thu 28th May 15, 15:48:45

Raymond James downgraded its stance on BT Group to 'underperform' from 'strong buy' and cut its price target to 438p from 500p on Thursday, pointing to a radical change in the competitive market.

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