Citi downgraded Veolia Environment (VEOEY) to Sell from Neutral with a price target of EUR 26.40, down from EUR 28.30. The firm cites risk of a global recession, initiated by U.S. tariffs and a potential resulting trade war for the downgrade.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VEOEY:
- Veolia Environment price target raised to EUR 36 from EUR 35 at Morgan Stanley
- Veolia Environment initiated with an Outperform at Bernstein
- Veolia’s 2024 Earnings Call: Strong Growth and Strategic Plans
- Veolia Reports Strong 2024 Financial Performance
- VEOEY Earnings Report this Week: Is It a Buy, Ahead of Earnings?