Safran: in the red on an analyst downgrade

(CercleFinance.com) - Safran is down 1% following a recommendation downgrade by Oddo BHF, from 'outperform' to 'neutral', despite a slight increase in its target price from 215 to 220 euros.


While recognizing that Safran is the most qualitative stock in its coverage universe and seeing no clouds on the horizon, the research firm believes that investors already seem to have incorporated an upward revision of the 2024 guidance.

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