Adecco: penalized by broker's comments

(CercleFinance.com) - Adecco is down more than 1% in Zurich, penalized by comments from UBS, which reaffirms its 'sell' recommendation and lowers its target price for the human resources services group from CHF 30 to CHF 25.


We believe that staff recruitment markets will weaken further in the second half of 2024, making it even more difficult to balance short-term profitability with capacity protection", said the broker.

Copyright (c) 2024 CercleFinance.com. All rights reserved.