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health sector shows resilience amid potential us tariffs on pharmaceuticals
In Paris, the health sector shows resilience as Eurofins Scientific and Sanofi rise amid a downbeat CAC 40, unaffected by upcoming U.S. tariffs set for April 2025. However, UBS warns that the sector may still face challenges, including potential additional tariffs from Trump targeting pharmaceuticals. Sartorius Stedim Biotech sees a decline, reflecting concerns over U.S. sales exposure and tariff implications.
analysts update recommendations and price targets for major european companies
Analysts have updated their recommendations for several companies, with notable changes including Accor's price target raised to EUR 54 and Legrand upgraded to buy with a target of EUR 125. UBS Group was downgraded to underperform, while Renault's target increased to EUR 68. Other adjustments include Michelin and Ipsen, both seeing target revisions.
consumer healthcare market poised for rapid growth driven by digital innovations
The consumer healthcare market is projected to grow significantly, reaching $1,476.45 billion by 2028, with a CAGR of 22.1%. Key drivers include an aging population, increased reliance on OTC medications, and the rise of e-commerce. Major players like Johnson & Johnson and Sanofi are adapting to trends in digital health and personalized care solutions.
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