JPMorgan placed Jeronimo Martins (JRONY) on “positive catalyst watch” into Q2 earnings due on August 1, calling the stock the analyst’s “highest conviction” Overweight in the space. The analyst reiterates an Overweight rating with a price target of EUR 24.80, down from EUR 25 previously.
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Read More on JRONY:
- Jeronimo Martins price target raised to EUR 24.60 from EUR 20 at Citi
- Jeronimo Martins upgraded to Buy from Neutral at Citi
- Jeronimo Martins price target raised to EUR 25 from EUR 23.80 at JPMorgan
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- Jeronimo Martins: Strategic Pricing and Market Developments Justify Buy Rating and Price Target Upgrade