Bryan Garnier downgraded Carrefour (CRRFY) to Sell from Neutral with a price target of EUR 10, down from EUR 16. The company’s earnings momentum has been “dead for a while,” the analyst tells investors in a research note.
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Read More on CRRFY:
- Carrefour price target lowered to EUR 17 from EUR 21.70 at Citi
- Carrefour price target lowered to EUR 10 from EUR 12 at JPMorgan
- Carrefour price target lowered to EUR 16.50 from EUR 18 at Stifel
- Carrefour downgraded to Underperform from Neutral at Oddo BHF
- Carrefour’s Strategic Moves and Market Gains Drive Buy Rating Despite Earnings Miss