RBC Capital Markets has downgraded Lloyds Banking Group (LON: LLOY) from Outperform to Sector Perform, slashing its price target from GBp 124.00 to GBp 115.00 effective October 16, 2026. The investment bank cited tougher competition in the UK deposit market as a primary driver behind the rating change, alongside concerns over possible pressure on Lloyds […]
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