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Posted by
Two Blokes Jun 26 -
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Stock
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UBS has taken a more cautious stance on British Land Company PLC (LSE:BLND), downgrading the property group from 'buy' to 'neutral' and trimming its 12-month price target from 465p to 410p. The shift comes after the company's flat earnings guidance for the year ahead failed to square with expectations for a pick-up from newly completed developments.