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Posted by
Two Blokes Jun 16 -
Filed in
Stock
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UBS has stuck a 'sell' tag on Unilever PLC (LSE:ULVR), arguing that optimism around its upcoming ice cream spin-off may already be baked into the share price. With the stock trading at 4,637p and the broker setting a 12-month target of 4,000p, the downside case rests on the view that the Anglo-Dutch giant's turnaround narrative faces structural and cyclical hurdles.
