Berenberg downgraded Givaudan (GVDNY) to Hold from Buy with a price target of CHF 2,915, down from CHF 3,580. The firm is concerned the company’s organic sales growth could continue to slow in Q2.
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Read More on GVDNY:
- Givaudan downgraded to Equal Weight from Overweight at Barclays
- Givaudan downgraded to Hold from Buy at Deutsche Bank
- Givaudan price target lowered to CHF 2,875 from CHF 3,000 at Morgan Stanley
- Givaudan price target lowered to CHF 3,150 from CHF 3,350 at Citi
- Givaudan downgraded to Sell from Buy at Goldman Sachs