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Fly News Breaks for July 5, 2018
DANOY
Jul 5, 2018 | 07:04 EDT
RBC Capital analyst James Jones upgraded Danone to Outperform from Sector Perform and raised his price target to EUR 70 from EUR 62. Jones says he now has less "punitive" assumptions about the company's sales growth and capital expenditures as its profits have become less reliant on dairy, with yogurt-related profit margins falling to about a third of the total from over 70% at its peak.
News For DANOY From the Last 2 Days
DANOY
Apr 22, 2024 | 11:33 EDT
Berenberg analyst James Targett raised the firm's price target on Danone to EUR 63 from EUR 62.50 and keeps a Hold rating on the shares.
