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Safran affected by Citigroup downgrade


The action of the engine manufacturer lost nearly 2%, among the largest declines in the Cac 40.

SAFFRON

Safran affected by Citigroup downgrade | Photo credits: Cyril Abad / CAPA Pictures / Safran

Safran lost nearly 2% on Monday, to 111.82 euros. Citigroup downgrades from “buy” to “neutral” the title of the engine manufacturer but maintains its price target at 127 euros.

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