Jefferies raised the firm’s price target on Henkel (HENKY) to EUR 78 from EUR 77 and keeps a Hold rating on the shares. The company continues its determined recovery of operating margin, beating expectations in H1 and prompting a more confident guidance for FY25, the analyst tells investors in a research note. The firm added that determination is coupled with a failure to break a twelve-quarter sequential contraction of volumes year-over-year in the Consumer business.
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Read More on HENKY:
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