Bayer: share price down, analyst lowers target

(CercleFinance.com) - Bayer is down more than 3% in Frankfurt after Barclays confirmed its 'weight in line' recommendation on the stock, with a price target lowered from 26 to 22 euros, judging in particular that 'investors need more clarity on liquidity for next year'.


Although Bayer has maintained its 2024 outlook for sales and adjusted EPS, cautious statements concerning its three businesses for 2025 (so that a drop in results is expected) make the configuration more difficult", warns the broker.


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