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FEVERTREE

P 2100 22 Feb 1939.50 2050 2000 1950 1900 16Feb 17Feb 18Feb 21Feb 22Feb

Fevertree has sparkled through the pandemic but brokers at Peel Hunt have warned the premium tonic brand may be falling flat as optimism for long-term earnings growth was cooled by tightening margins. The brokers warned the firm's performance in the US may dilute a strong performance in UK and Europe, and as a result they have cut back the target price from 2,400p to 2,150p.

PLAYTECH 680

P 22 Feb 648.50 670 660 650 640 16Feb 17Feb 18Feb 21Feb 22Feb

Playtech boss Mor Weizer this week threw his hat in the ring with one of the firm's potential bidders TTB, and Peel Hunt say the move could be a positive one for shareholders. A Weizer-backed bid would have a strong chance of being accepted, the brokers say, but a competing bid was now less likely to emerge given Weizer's expertise. They have rated the stock as a Buy with a target price of 700p.

(c) 2022 City A.M., source Newspaper