Goldman Sachs analysts added Adecco (AHEXY) to the firm’s European Conviction List as part of its monthly update. The firm expects Adecco’s organic growth to inflect positively as soon as Q2 with further upside medium-term on the back of the German fiscal package and increased Europe defense spend.
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Read More on AHEXY:
- Adecco upgraded to Buy from Neutral at Goldman Sachs
- Adecco Group AG: Buy Rating Upgraded on Strong Growth Prospects and Strategic Market Positioning
- Adecco upgraded to Outperform from Neutral at Exane BNP Paribas
- Adecco price target raised to CHF 40 from CHF 37 at Barclays
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