Investment bank JP Morgan has lowered its target price of UK-based confectionery and drinks group Cadbury Schweppes.
JP Morgan said that although sales growth has accelerated throughout the second quarter, it believed the margin growth target of between 50 and 75 basis points is too aggressive.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
