Barclays downgraded Schneider Electric (SBGSY) to Equal Weight from Overweight with a price target of EUR 235, down from EUR 239. The firm, which is concerned about significant supply hitting the medium voltage market in the next 18 months against an uncertain demand backdrop, cut its adjusted EBITA estimates 1%-2% for 2026-2027 due to MV pricing risk, the analyst tells investors.
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Read More on SBGSY:
- Schneider Electric price target lowered to EUR 239 from EUR 245 at Barclays
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