UBS analyst Christian Bell downgraded Lanxess (LNXSF) to Sell from Neutral with a price target of EUR 14, down from EUR 23. The firm cites the company’s supply headwinds for the downgrade.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LNXSF:
- Lanxess price target lowered to EUR 19 from EUR 23 at Citi
- Lanxess price target lowered to EUR 68 from EUR 71 at Citi
- Lanxess price target lowered to EUR 15 from EUR 21 at JPMorgan
- Lanxess downgraded to Underweight from Equal Weight at Barclays
- Lanxess upgraded to Hold from Underperform at Jefferies