Deutsche Bank raised the firm’s price target on Nestle (NSRGY) to CHF 86 from CHF 81 and keeps a Hold rating on the shares.
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Read More on NSRGY:
- Nestle plans global headcount reduction of 16,000 over next two years
- Nestle expects FY25 organic sales growth to improve compared to FY24
- Nestle reports 9M sales CHF 65.9B vs. CHF 67.1B last year
- Nestle increases cost savings target to CHF 3B by end of 2027
- Nestle (NSRGY) Cutting 16,000 Jobs, Despite Sales Growth