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Acerinox downgraded to Neutral from Outperform at Exane BNP Paribas

Exane BNP Paribas analyst Tristan Gresser downgraded Acerinox (ANIOY) to Neutral from Outperform with a EUR 10 price target The firm says fundamentals for the steel stocks “remain fragile” with downside risks in the first half of 2025.

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