Citi downgraded Danone (DANOY) to Neutral from Buy with a price target of EUR 73, up from EUR 66. The firm says that after a 17% outperformance versus the sector year-to-date and limited upside risk to estimates, the “story may be due for a pause.”
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 DANOY:
- Danone price target lowered to EUR 70.70 from EUR 72.60 at Berenberg
- Danone’s Strategic Positioning and Growth Potential Justify Buy Rating
- Danone upgraded to Overweight from Equal Weight at Morgan Stanley
- Danone price target raised to EUR 61 from EUR 56 at Jefferies
- Competitive Pressures and Profit Margin Concerns Drive Sell Rating for Danone SA
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue