Tarsus downgraded by Peel Hunt

Peel Hunt has moderated its investment rating on media group Tarsus (LON:TRS) and moved to an ‘add’ recommendation (from ‘buy’) as the shares now stand within around 8 per cent of its unchanged 300 pence per share target price.

The broker said: “Strong domestic bookings offset some modest international weakness.

“Nonetheless, with the shares within touching distance of our target price, we move our recommendation to Add from Buy today.”

At 1:58pm: (LON:TRS) Tarsus PLC share price was +0.75p at 277.5p

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