Safran: Barclays upgrades to 'overweight'
(CercleFinance.com) - On Tuesday, Barclays upgraded its recommendation on the Safran share from "equal weight" to "overweight", while raising its target price from 92 euros to 109 euros.
While it considers that significant commercial uncertainties continue to surround when the recovery of the civil aviation market will occur, in addition to its strength, the broker considers that the risk of unpleasant surprises has decreased in the near term, while the prospect of good news has increased.
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