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.
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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
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