Morgan Stanley lowered the firm’s price target on Nestle (NSRGY) to CHF 77 from CHF 79 and keeps an Underweight rating on the shares.
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Read More on NSRGY:
- Nestlé’s Strategic Pricing and Strong Brand Presence Drive Buy Rating Amidst Inflation Challenges
- Nestle price target lowered to CHF 88 from CHF 93 at RBC Capital
- Nestle reports Q1 sales CHF 22.6B vs. CHF 22.1B last year
- Nestle says ‘Fuel for Growth’ program ‘progressing to plan’
- Nestle says FY25 guidance ‘remains unchanged’