Gerresheimer downgraded to Sector Weight from Overweight at KeyBanc

KeyBanc analyst Paul Knight downgraded Gerresheimer (GRRMF) to Sector Weight from Overweight without a price target The firm thinks the recent private equity bid reported by Reuters represents limited upside to the shares. Due diligence and regulatory approval risk is likely to keep shares at a discount from a possible bid of EUR 90 per share, the analyst tells investors in a research note.

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