(CercleFinance.com) – EuroAPI fell 9% below 2.53E following the publication of an unfavorable study by Deutsche Bank, which reaffirmed its ‘sell’ recommendation on EuroAPI with a price target lowered by three to 2.50E (we are already there), with serious questions about the absence of explicit medium-term projections on sales or margin, which is not a good sign.
The title therefore seems to be heading towards the imminent re-test of the historic floor of 2.4E from March 21.
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