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There are too many uncertainties hanging over Sainsbury’s proposed acquisition of Asda to justify the price and Tesco is a better bet, JP Morgan analysts said.
Ocado got a boost on Tuesday as Peel Hunt reiterated its 'buy' rating on the stock and lifted the price target to 610p from 570p, saying it could benefit from Sainsbury's tie-up with Walmart's Asda.
Ocado got a boost on Tuesday as Peel Hunt reiterated its 'buy' rating on the stock and lifted the price target to 610p from 570p, saying it could benefit from Sainsbury's tie-up with Walmart's Asda.
