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Berenberg cuts AutoTrader target price, cites lack of near-term catalysts

By Benjamin Chiou

Date: Tuesday 26 May 2026

(Sharecast News) - Berenberg has cut its target price for new and used car sales platform company AutoTrader, saying that the stock is cheap but lacking any near-term catalysts to take the shares higher.
Berenberg kept its 'hold' rating on the stock, lowering its target from 580p to 510p.

The...

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