LONDON, March 19 (Reuters) - British online supermarket
Ocado said growth in the last three weeks was double
that of its first quarter period to March 1, as shoppers trying
to stock up on goods due to worries about coronavirus boosted
demand.
(Reporting by Sarah Young; editing by Kate Holton)
Barclays downgrades Ocado, shares slide
(Sharecast News) - Ocado was under the cosh on Monday after Barclays downgraded shares of the online supermarket to 'underweight' from 'equalweight' and slashed the price target to 430p from 680p, pointing to a "particularly challenging" valuation.
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