BofA upgraded Schneider Electric (SBGSY) to Buy from Neutral with a price target of EUR 265, up from EUR 231. The firm’s “three key reasons” for the upgrade are the company’s exposure to structural tailwinds, such as data centers and the recovery of the European construction market in 2026; consistent high-single digit organic growth in 2025-27 that it sees outpacing most peers; and accelerating margin expansion.
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