Treasury Wine Estates Shares Tumble 8% Amid UBS Downgrade

MT Newswires Live

02/06

Treasury Wine Estates (ASX:TWE) shares fell 8% in recent Friday trade after the company was downgraded by UBS from neutral to a sell rating, the investment bank's website showed on Friday.

UBS had decreased its price target for Treasury Wine Estates to AU$4.75 from AU$5.25.

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