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Buy, hold, or sell? Here’s Macquarie’s take

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It’s been a tough 12-months for Treasury Wine Estates Ltd (ASX: TWE) shares.

Shares in the S&P/ASX 200 Index (ASX: XJO) global wine company are down 0.6% today, changing hands for $8.60 apiece.

That sees the stock down 25.4% since this time last year. Though that…



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