Broker Recommendations

Citi downgrades Softcat to 'neutral' from 'buy'

By Michele Maatouk

Date: Monday 15 Jun 2026

(Sharecast News) - Citi downgraded Softcat to 'neutral' from 'buy' on Monday and lifted the price target to 1,950p from 1,550p as it argued that "even the best house in the neighbourhood has a price".
The bank said Softcat has continued to demonstrate disciplined execution and has benefitted from the structural...

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