(Boursier.com) — At the top of the SBF120, Sodexo rose 2% to 84.9 euros this weekend in Paris, the highest since 2017. The collective catering giant is supported by a note from Morgan Stanley which raised its recommendation on the value to ‘overweight’ aiming for 96 euros. The bank cites structural simplification, operational recovery in the United States and positive margin prospects as the three key factors to explain its move on the offensive.
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