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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EMSHF: