BofA analyst Simona Sarli upgraded Randstad (RANJY) to Buy from Underperform with a price target of EUR 42, up from EUR 39.50. Macroeconomic conditions in Europe are still mixed, but latest staffing data for the Netherlands show the first signs of stabilization, while North America is improving sequentially, notes the analyst, who adds that the share price is down 54% compared the SXNP Index over the past three years.
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