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Sign InDeutsche Bank has downgraded its rating for RS Group from 'Buy' to 'Hold' in a recent analyst report. The financial institution also lowered its price target for the London-listed stock from 800p to 700p. Analysts cited a clouding outlook for industrial recovery and the stock's year-to-date underperformance as primary reasons for the move. Following the announcement, shares of RS Group fell by nearly 3% as investors reacted to the cautious outlook. The downgrade reflects growing concerns over the pace of recovery within the industrial sector. This adjustment places further pressure on the company's valuation amid broader market uncertainty.