The folks at UBS appeared to have a case of the.

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    jakealston48322
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    <p class=”mol-para-with-font”>The folks at UBS appeared to have a case of the munchies as its two substantive pieces of research yesterday focused on the fast food sector.</p><p class=”mol-para-with-font”>As joint broker to beleaguered Just Eat, it provided a supportive ‘buy’ recommendation for shares in the takeaway delivery group, male enhancement cream though it did cut its price target to 870p a share from 930p.</p><p class=”mol-para-with-font”>The group is reeling from the departure of its chief executive and has been called out by an activist investor that thinks it should merge with a rival.</p><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img”> <div class=”image-wrap”> As joint broker to beleaguered Just Eat, UBS provided a supportive 'buy' recommendation for shares in the takeaway delivery group, though it did cut its price target  </div> <noscript> As joint broker to beleaguered Just Eat, UBS provided a supportive 'buy' recommendation for shares in the takeaway delivery group, though it did cut its price target  </noscript> </div> <p class=”imageCaption”>As joint broker to beleaguered Just Eat, UBS provided a supportive ‘buy’ recommendation for shares in the takeaway delivery group, though it did cut its price target </p></div><p class=”mol-para-with-font”>However, UBS believes the current share price (up 1.5 per cent, or 5.6p, to 742p) undervalues Just Eat’s prospects, with orders expected to grow 11 per cent this year.</p><p class=”mol-para-with-font”>The London arm of the Swiss investment bank adopted a more bearish stance on Greggs, maker of the steak bake.

    Downgrading to ‘neutral’ from ‘buy’, it reckons stock in the Newcastle-based chain now fully reflects its fairly resilient trading outlook.</p><div><div data-track-module=”am-related_carousel^related_carousel” data-track-selector=”.rotator-panels a:not([class*=external])” data-dm-rotator-rotate=”false” data-track-pos=”static” data-dm-rotator-auto-init=”” id=”p-18″ class=”related-carousel with-fb-or-tw money” data-dm-rotator-active-class=”active” data-dm-rotator-page-count=”1.0″ data-dm-social-article-auto-init=”” data-dm-rotator-page-size=”1″> <div class=”rotator bdrcc”> <div class=”rotator-title”> <h2>RELATED ARTICLES</h2> <ul class=”rotator-pages link-xocc”> <li class=”rotator-prev”>Previous

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  • </div> <div class=”fb”> <h2>Share this article</h2> <div class=”big-share”><span class=”wai”>Share</span></div> </div> </div> </div><p class=”mol-para-with-font”>Down 1.1 per cent, or 17p at 1558p, Greggs has grown around 65 per cent in value since hitting a year-low in August last year.</p><p class=”mol-para-with-font”>The AA last night claimed its turnaround plan was on track but admitted membership numbers were falling.

    Shares closed up 0.1p, or 0.1 per cent, to 91.9p.</p><p class=”mol-para-with-font”>The FTSE 100 flip-flopped all day before closing a lacklustre session up 4.03 points at 7133.14.</p><div class=”art-ins mol-factbox floatRHS money” data-version=”2″ id=”mol-5ec59b40-2f18-11e9-be4c-bfbdd61f15b0″ website REPORT: Traders urged to keep dining out on Just Eat

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