Pernod Ricard: and this timing?

In the wake of the market, Pernod Ricard modestly recovers 0.9% to 142.40 euros this Monday, while Barclays ‘underweights’ the file by adjusting the slider from 148 to 136 euros. Oddo BHF had already downgraded the file to ‘neutral’, while cutting its target from 190 to 150 euros. The catalysts that the broker…