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via finance.yahoo.comBusiness & Companies

UBS downgrades Carrefour to neutral, cuts target to €15 as French unrest hits profit outlook

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- UBS downgraded Carrefour to "neutral" from "buy" and cut its price target to €15 from €19, saying a profit warning triggered by unrest in France has weakened the earnings outlook. Still guessing which stocks will beat the market? Our AI portfolio updates monthly…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishUBS's downgrade lowers earnings expectations for Carrefour and could weigh on the shares in the near term.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01UBS downgraded Carrefour to neutral from buy and cut its target to €15 from €19.
  2. 02Unrest in France could cut operating profit by €80 million to €200 million, UBS said.
  3. 03UBS cut its 2026 EPS forecast to €1.62 from €1.72.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Carrefour S.A.CA.PAStock13.76 EUR+0.15%today -2.10%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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