ASTRAZENECA : price target lowered by Barclays
"The last time AstraZeneca moved this much on a business point (third quarter 2021), the scale of the EPS disappointment and subsequent downgrades was much greater", notes the broker after last week's publication.
Barclays adds that the share is down 7% since publication, and stands at a 52-week low. We think this is a convincing entry point for a blue-chip company", he concludes.
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