Berenberg analyst Javier Gonzalez Lastra initiated coverage of Davide Campari-Milano (DVDCF) with a Hold rating and EUR 6.30 price target The macro environment “has not been kind to the beverages sector, but it could be changing, thanks partly to the Trump administration and partly to lower inflation,” the analyst tells investors in a research note. The firm initiated coverage of 12 stocks and its top pick is Heineken. There is also “interesting upside” in AB InBev and Molson Coors, says Berenberg.
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Read More on DVDCF:
- Davide Campari-Milano price target raised to EUR 6.10 at Deutsche Bank
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- Davide Campari-Milano downgraded to Neutral from Buy at UBS
- Davide Campari-Milano price target lowered to EUR 7.60 at Barclays
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