Brokers: changes to recommendations in Paris


(Updated with Arkema and Ubisoft) Jan 13 (Reuters) – Main changes in recommendations and/or price targets recorded on Friday in Paris.

* BOUYGUES SA – Morgan Stanley lowers its recommendation to “underweight” against “online weighting” and its target price to 30 euros against 35 euros.

* AIR FRANCE-KLM – Davy Research raises its recommendation to “neutral” against “underperformance” and lowers its price target to 1.3 euros against 3 euros.

* ARKEMA – Stifel lowers its recommendation to “hold” against “buy”.

* UBISOFT – Citigroup lowers its price target to 50 euros against 70 euros; Barclays lowers its target price to 19.5 euros against 28.5 euros; Deutsche Bank lowers its price target to 30 euros against 40 euros.

* SES – Berenberg lowers its price target to 9.2 euros against 11.2 euros.










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