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Worldline price target lowered to EUR 6.30 from EUR 7.40 at Jefferies

Jefferies analyst Hannes Leitner lowered the firm’s price target on Worldline (WRDLY) to EUR 6.30 from EUR 7.40 and keeps a Hold rating on the shares. The underlying quality of Worldline’s financials remain “poor with lots of adjustment and one-off effects,” says the analyst, who believes Worldline remains “a show-me stock” despite an “undemanding valuation.”

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