Bernstein downgraded Sodexo (SDXAY) to Market Perform from Outperform with a price target of EUR 86.80, down from EUR 97.30. The recent Q1 weakness in revenue calls into question the company’s capacity to achieve its fiscal year targets, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SDXAY:
- Sodexo price target lowered to EUR 99.50 from EUR 101 at UBS
- Sodexo price target raised to EUR 90 from EUR 87 at Barclays
- Sodexo price target raised to EUR 90 from EUR 88 at JPMorgan
- Sodexo SA (SDXAY) Unveils Dividend Details for Q4: Mark Your Calendar!
- Sodexo price target raised to EUR 96 from EUR 91 at Berenberg
Questions or Comments about the article? Write to editor@tipranks.com