Michelin: Bank of America Global Research still a buyer

(CercleFinance.com) - This Tuesday an analyst at Bank of America Global Research confirms his "buy" recommendation on the Michelin share, even though he notes its "cautious" guidance for 2020.


The broker says that the share's valuation remains "very attractive," explqining why it confirms its target price of 120 euros, meaning upside potential of +12.4%.


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