Barclays downgraded Sodexo (SDXAY) to Equal Weight from Overweight with a price target of EUR 64, down from EUR 90. The firm cites last week’s profit warning and lower future year growth assumptions for the downgrade.
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Read More on SDXAY:
- Sodexo downgraded to Neutral from Buy at Goldman Sachs
- Sodexo price target lowered to EUR 81.50 from EUR 96 at Berenberg
- Sodexo price target lowered to EUR 70 from EUR 82 at RBC Capital
- Sodexo price target lowered to EUR 89 from EUR 107 at Citi
- Sodexo downgraded to Equal Weight from Overweight at Morgan Stanley