Jefferies lowered the firm’s price target on Amadeus IT Group (AMADY) to EUR 76 from EUR 77 and keeps a Buy rating on the shares after the company reported better-than-expected Q3 results and backed its fiscal year guidance. However, “niggling FX downgrades to consensus are likely to cap near-term enthusiasm,” the analyst added.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMADY: