Unibail-Rodamco-Westfield: boosted by Citi

Photo credit © Mairie de Paris

(Boursier.com) — Unibail-Rodamco-Westfield outperformed the market at the end of the morning, with a gain of 3.2% to 75.1 euros. Citi raised its recommendation on the real estate company to ‘purchase’ while increasing its target from 52.5 to 85.2 euros. Markets appear to have “entered a new phase of stimulation, albeit slowly.” The analyst believes that the rate cut should help further support economic stability and growth from 2025 and anticipates a soft landing of the economy as the new base case.

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