BUZZ-UK homebuilders mixed as RBC shakes up ratings
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RBC has adjusted its ratings for UK homebuilders, upgrading Taylor Wimpey and Persimmon to "outperform" due to strategic advantages and site expansion expectations. Barratt Redrow was downgraded to "sector perform" due to integration challenges, while Berkeley Group was cut to "underperform" due to tax impacts. UK house prices rose slightly in November, defying budget concerns.
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