(Boursier.com) — JCDecaux fell heavily this Monday with a share price dropping nearly 6% to 17.1 euros, its biggest daily drop since last October. The selling pressure is linked to a rating from UBS which downgraded its recommendation on the advertising street furniture specialist to ‘neutral’. The Swiss bank cites a slower than expected recovery in revenues in China and a more gloomy macroeconomic context in Europe.
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