BNP Paribas Exane analyst Rob Joyce upgraded Jeronimo Martins (JRONY) to Neutral from Underperform with a price target of EUR 21.50, up from EUR 15.50. The company’s Q1 disproved expectations that Biedronka margins will fall in 2025, the analyst tells investors in a research note.
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Read More on JRONY:
- Jerónimo Martins Reports Solid Q1 2025 Performance
- Jeronimo Martins price target lowered to EUR 23.80 from EUR 24.10 at JPMorgan
- Jerónimo Martins’ Resilient Growth Amid Market Challenges
- Jeronimo Martins SGPS: Positioned for Recovery and Growth in 2025 Despite 2024 Challenges
- Jerónimo Martins Reports Strong Sales Growth Amidst Challenges
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