Tikehau Capital: Jefferies initiates with 'buy' rating

(CercleFinance.com) - Jefferies has begun to monitor Tikehau Capital shares with a 'buy' recommendation and a target price of 33 euros (current price about 26 euros, +1%), noting that the asset management company "has just completed a simplification of its model that should prove transformational".


"It looks set fair to meet existing (2022) targets and the market should now start to focus on ambitious plans for 2025," the broker says, highlighting the stock's discount relative to its European and US peers.


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