Kepler Cheuvreux downgraded Givaudan (GVDNY) to Hold from Buy with a price target of CHF 3,000, down from CHF 3,600. The firm cites the stock’s premium multiple for the downgrade.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GVDNY:
- PepsiCo, Givaudan, Smurfit Westrock and Statkraft sign renewable energy deal
- Givaudan price target raised to CHF 2,920 from CHF 2,915 at Berenberg
- Givaudan upgraded to Overweight from Neutral at JPMorgan
- Givaudan: Solid Q1 Beat but Cost Pressures and Regional Softness Justify Hold Rating
- Givaudan downgraded to Hold from Buy at Berenberg