Citigroup Smith Barney has raised its rating on the shares of the UK's leading brewer, Scottish & Newcastle, from "sell" to "hold" on the back of the brewer's sale of its pub estate. Citigroup Smith Barney also reduced its price target for S&N from 345 pence to 340 pence.
Citigroup Smith Barney has raised its rating on the shares of the UK’s leading brewer, Scottish & Newcastle, from “sell” to “hold” on the back of the brewer’s sale of its pub estate. Citigroup Smith Barney also reduced its price target for S&N from 345 pence to 340 pence.
