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magazineWeek Ahead - Majestic Wine
Thursday 17 November
Marked down to 282.5p, Majestic Wine (WINE:AIM) needs to restore confidence with forthcoming interims (17 Nov). Downgrades have shaken investors’ faith in the Naked Wines owner, yet Liberum Capital is a buyer with a 380p price target, arguing results ‘should contain signs that the new strategy is working’.
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