Berenberg analyst Aron Ceccarelli downgraded EMS-Chemie (EMSHF) to Sell from Hold with a price target of CHF 491, down from CHF 634. The the current slowdown in business momentum that the company is experiencing will result in a guidance cut, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EMSHF: