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DVDCY

Campari

$0.00

(0.00%)

05:34
01/16/20
01/16
05:34
01/16/20
05:34

Campari upgraded to Buy from Hold at Jefferies

Jefferies analyst Edward Mundy upgraded Campari to Buy from Hold with a price target of EUR 10, up from EUR 8.50. The company is a "unique asset" offering a leveraged play on the bitters cycle, says the analyst, who sees a "continued attractive runway." With growth contribution from the wider brand portfolio, 7% growth is "feasible med-term," Mundy tells investors in a research note.

DVDCY Campari
$0.00

(0.00%)

04/02/19
LEHM
04/02/19
INITIATION
LEHM
Equal Weight
Campari initiated with an Equal Weight at Barclays
Barclays analyst Laurence Whyatt started Campari with an Equal Weight rating and EUR 8.80 price target.
09/10/19
BERN
09/10/19
UPGRADE
BERN
Market Perform
Campari upgraded to Market Perform from Underperform at Bernstein
Bernstein analyst Trevor Stirling upgraded Campari to Market Perform from Underperform on sector valuation. The analyst argues that the stable growth and highly cash-generative nature of European Beverages warrants a higher premium than was the case 10 years ago.

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IBCP

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