Barry Callebaut: UBS maintains buy rating

(CercleFinance.com) - UBS reinstates its "buy" rating on Barry Callebaut shares, as well as its target price of 2,500 Swiss francs, which represents upside potential of 36% for the Swiss chocolate maker.


"In Europe and the US, chocolate market volumes are declining," the broker said, adding that "Barry should continue to outperform markets but is not fully immune to these trends".


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