Bernstein upgraded Arkema (ARKAY) to Market Perform from Underperform with a price target of EUR 64, up from EUR 54. The firm says the company has reached the end of its estimate cut cycle.
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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
