UBS downgraded Pluxee (PLXNF) to Sell from Neutral with a price target of EUR 10, down from EUR 19. The firm says the regulatory “tide is turning” for the company.
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Read More on PLXNF:
- Balanced Risk-Reward for PLUXEE N.V.: Solid Near-Term Momentum Offset by LatAm Reliance and Brazilian Regulatory Uncertainty
- Pluxee price target lowered to EUR 21 from EUR 23 at Morgan Stanley
- Pluxee price target lowered to EUR 22 from EUR 34 at Citi
- Pluxee price target lowered to EUR 18 from EUR 23 at JPMorgan