RBC Capital analyst James Edwardes Jones raised the firm’s price target on Nestle (NSRGY) to CHF 84 from CHF 82 and keeps a Sector Perform rating on the shares.
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Read More on NSRGY:
- Nestlé: Temporary Growth Drivers, Mounting Cost Pressures, and Limited Upside Justify Sell Rating
- Nestle says ‘moving ahead’ with partial disposal of Waters & Premium Beverages
- Nestle reports Q1 sales CHF 21.3B vs. CHF 22.6B last year
- Nestle sees FY26 organic growth of 3%-4% vs. FY25
- Nestle says infant formula product availability ‘now back to normal’