Jefferies analyst Jaina Mistry lowered the firm’s price target on Accor (ACCYY) to EUR 55 from EUR 56 and keeps a Buy rating on the shares as part of a Q1 preview. The firm expects another quarter of RevPAR outperformance in Q1. After a strong January and February, most countries have seen growth over March to date, the analyst tells investors in a research note.
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