Morgan Stanley downgraded Worldline (WRDLY) to Underweight from Equal Weight with a price target of EUR 1.80, down from EUR 3.80. The firm believes a further reset of expectations is necessary given the company’s negative growth, falling margins, and no free cash flow generation in fiscal 2025.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WRDLY: