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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Analysts have made several notable recommendations, including JP Morgan maintaining an Underweight rating for Adecco with a reduced target of CHF 19.60, while Air France-KLM was downgraded by Barclays to Underweight with a target of EUR 7. ArgenX received a buy rating from HC Wainwright & Co, raising its target to 717 USD, and BioMérieux was upgraded to Outperform by Oddo BHF with a target of EUR 132. Other significant changes include upgrades for Deliveroo and Orange, while OVH Groupe remains a sell with a raised target of EUR 8.50.
Gatemore Capital Management has acquired a stake in Watches of Switzerland Group Plc, urging the luxury retailer to implement a £25 million to £50 million share buyback and consider a US listing to attract long-only funds. Gatemore's managing partner, Liad Meidar, emphasized the need for US exposure to the Rolex market and suggested potential acquisitions in the US. Despite a significant drop in share value this year, the company's stock rose 0.9% in London trading, valuing it at approximately £1 billion.
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