Berenberg analyst Sebastian Bray downgraded Arkema (ARKAY) to Hold from Buy with an unchanged price target of EUR 62. The firm cites valuation for the downgrade with the shares reaching the price target
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARKAY:
- Arkema price target raised to EUR 50 from EUR 49 at Deutsche Bank
- Arkema price target raised to EUR 83 from EUR 78 at Morgan Stanley
- Arkema price target raised to EUR 62 from EUR 60 at Berenberg
- Strategic Shift Toward Higher-Value End-Markets Supports Buy Rating Despite Near-Term Earnings Headwinds
- Arkema Earnings Call: Cash Strength Amid Margin Pressure
