Groupe ADP: tries to resist, JP Morgan in reinforcement

( — ADP Group tries to resist the market decline at midday with a stock which nibbles 0.3% to 107.4 euros. JP Morgan raised its opinion on the Paris airports manager to ‘neutral’ with an adjusted target of 118 to 115 euros. The bank cites a more attractive valuation after the stock’s underperformance since the start of the year (-14%) while it also recognizes the improvement in traffic prospects in Paris.


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