Signify downgraded to Market Perform from Outperform at Bernstein

Bernstein downgraded Signify (SFFYF) to Market Perform from Outperform with a price target of EUR 24, down from EUR 30. The firm moves to the sidelines as it awaits clarity on the impact of tariffs, with risks skewed to the downside considering significant cost of goods sold exposure outside the U.S. and “limited relative pricing power,” the analyst tells investors.