Euronext: UBS still buying after Q3 results

(CercleFinance.com) - UBS reaffirms its 'buy' recommendation on Euronext, as well as its target price of E115, a target implying 15% upside potential for the stock, the day after quarterly results judged to be 'broadly in line with expectations.


We think that the 2027 strategic plan makes a lot of sense and should be well received, even if the EBITDA growth rate targeted is in line with management's typical conservatism..., the broker adds in his note on the pan-European stock exchange group.


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