Bernstein initiated coverage of Arkema (ARKAY) with an Underperform rating and EUR 53 price target The firm has a negative view of Western construction markets, and does not believe Arkema “can defy gravity.”
Claim 30% 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 lowered to EUR 92 from EUR 100 at Deutsche Bank
- Arkema downgraded to Underweight from Neutral at JPMorgan
- Arkema price target lowered to EUR 100 from EUR 101 at Berenberg
- Arkema price target lowered to EUR 102 from EUR 105 at Deutsche Bank
- Arkema S.A. Reports Resilient Earnings and Growth