Vivendi: Morgan Stanley appreciates 'resilience'

(CercleFinance.com) - On Tuesday an analyst at Morgan Stanley confirmed his "overweight" recommendation on the Vivendi share, noting the group's "resilience" faced with the crisis.


"Vivendi should be recession-resilient during the downturn, and has structural tailwinds for the upturn when it comes, plus a strong balance sheet and ample liquidity," the broker appreciates.

Morgan Stanley has therefore set its target price at 31 euros, 2 euros below its previous target price of 33 euros.



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