Natixis: Jefferies says 'market reaction was overdone'

(CercleFinance.com) - Jefferies has confirmed its "buy" rating on the Natixis stock, along with its target price of 5.
75 euros, reiterating its vision that the market's reaction (to information about H2O) yesterday was "overdone".

"The call gave further clarification on H2O, and the announcement of the resignation of H2O's CEO from Tennor Holding should positively answer corporate governance concerns," the broker says.


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