Citi analyst Marc Van’T Sant downgraded Brenntag (BNTGY) to Neutral from Buy with a EUR 58 price target Brenntag missed Q3 expectations due to cost overruns with insufficient offset from cost containment and/or pricing, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BNTGY: