Strauss Group downgraded to Underweight from Equal Weight at Barclays

Barclays downgraded Strauss Group to Underweight from Equal Weight with an unchanged price target of ILS 100. The analyst consolidated domestic Israeli stocks into a new "Israel Equities" coverage universe. The firm’s top-down analysis suggests "there are significant pockets of value in Israel, supported by the resilient macro." It sees 16%-80% potential upside across the space, with banks and real estate leading.