This Wednesday, only one change of recommendation, with HSBC no longer buying on Kering. Also, several course adjustments should be noted. Deutsche Bank is, in particular, maneuvering in the spirits sector with Pernod Ricard and Remy Cointreau shares; JPMorgan lowers its price targets on Valeo and Michelin shares.
Analyst recommendations: Renault, Pernod Ricard, Remy Cointreau, Orange, M6, Faurecia, Valeo, Michelin | Photo credits: ROMUALD MEIGNEUX/SIPA
Kering: HSBC downgrades its recommendation from “buy” to “hold” and lowers its target from 800 to 600 euros.
Renault: Morgan Stanley lowers its target price from 38 to 36 euros.
Pernod Ricard: Deutsche Bank is revising its target price downwards, from 273 to 230 euros.
Remy Cointreau: Same maneuver of the German broker, which goes from 315 to 274 euros.
Orange : Barclays raises its price target by 50 cents to 9.50 euros.
M6: Barclays, still, reduced its target price by 1 euro, to 23 euros.
Faurecia: Citigroup downgrades its price target from 9 euros to 35 euros.
Valeo: JPMorgan lowers its target price by 3 euros to 23 euros.
Michelin: Same maneuver from the same broker, which goes from 175 to 150 euros.
Invest