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Schindler downgraded to Neutral from Outperform at Exane BNP Paribas

Exane BNP Paribas analyst Miguel Borrega downgraded Schindler to Neutral from Outperform with a price target of CHF 215, down from CHF 225. The company’s new medium-term EBIT margin target is now fully priced into the shares, the analyst tells investors in a research note.

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