Recall downgraded to Sell

The takeover rumours may be buzzing and its share price up, but Recall's fundamentals haven't budged.

Recall’s share price is up 36% since it was spun out of Brambles in December last year. Rumours have abounded that the global provider of document management and storage solutions is in talks with its main US-based competitor, Iron Mountain, regarding a potential takeover.


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