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JPMorgan Cazenove downgraded its stance on Ocado to 'underweight' from 'neutral' on Wednesday as it argued that its customer fulfilment centre pipeline rollout was likely to remain slow.
Auto Trader rallied on Tuesday as UBS upgraded the shares to 'buy' from 'neutral', arguing that the risk/reward had become attractive going into the first-half results and that the recent selloff was overdone.
