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UBS has maintained a 'Buy' rating for Valeo, setting a target price of 13 euros following the company's third-quarter sales figures, which fell short of market expectations. Despite this, Valeo showed strong performance in Europe, with revenues stagnating in the region. The automotive supplier is a leader in various product categories, including powertrain systems and vision systems, and operates 175 production sites globally.
UBS has maintained a 'Buy' rating for Vinci, setting a target price of 131 euros, following disappointing third-quarter sales figures that fell short of market expectations. Analyst Gregor Kuglitsch noted that the underperformance was largely due to the expiration of major orders, which should not be seen as a long-term trend. Vinci, a leader in construction and concessions, reported a diverse revenue breakdown across various sectors and regions.
UBS has maintained a 'Buy' rating for Vinci, setting a target price of 131 euros, despite the company missing third-quarter sales expectations. Analyst Gregor Kuglitsch noted that disappointing results from the applied industrial technology provider Cobra IS and the construction division were largely due to the expiration of major orders, suggesting these issues should not be seen as indicative of ongoing performance.
UBS has maintained a 'Buy' rating for Vinci, setting a target price of 131 euros, despite the company missing third-quarter sales expectations. Analyst Gregor Kuglitsch noted that disappointing results from the applied industrial technology provider Cobra IS and the construction division were largely attributed to the expiration of major orders.
UBS has maintained a "Buy" rating for Vinci with a target price of 131 euros, despite the company missing third-quarter sales expectations. Analyst Gregor Kuglitsch noted that disappointing results were primarily due to the expiration of major orders in the applied industrial technology and construction sectors.
UBS has maintained a 'Buy' rating for Valeo, setting a price target of 13 euros, following the company's third-quarter sales figures that fell short of market expectations. Analyst David Lesne noted that while overall performance was lackluster, Valeo showed relative strength in Europe, where revenues remained stable.
UBS has maintained its "Buy" rating for Valeo, setting a target price of 13 euros, following the company's third-quarter sales figures that fell short of market expectations. Analyst David Lesne noted that while Valeo's performance in Europe was relatively stable, revenues there only stagnated.
French industry is showing signs of contraction, with the S&P's October flash PMI index at a nine-month low of 47.3, indicating a decline for the second consecutive month. The manufacturing sector is particularly struggling, with production expectations dropping sharply and orders declining both domestically and internationally. The overall business climate index has also fallen, reflecting a deepening crisis in the industry.
ArchiMed, a prominent private equity firm focused on healthcare, has acquired FIM Medical, a leader in occupational health medical devices, as part of its MED Rise fund strategy. The firm was advised by Dechert's Corporate & M&A team, with contributions from experts in intellectual property and labor law.
G20 nations have diluted a crucial climate finance report from leading economists, despite UN calls for urgent action. The report highlights myths hindering climate progress and urges G20 governments to adopt green strategies, yet faced significant revisions after government pushback. With emissions at a record high, the UN warns that immediate and substantial cuts are essential to meet global climate goals.
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ubs maintains buy rating for valeo with target price of 13 euros
21:55 24.10.2024
ubs maintains buy rating for vinci with target price of 131 euros
21:55 24.10.2024
ubs maintains buy rating for vinci with target price of 131 euros
21:55 24.10.2024
ubs maintains buy rating for vinci with target price of 131 euros
21:08 24.10.2024
UBS maintains buy rating for Vinci despite disappointing third quarter results
21:08 24.10.2024
ubs maintains buy rating for valeo with target price of 13 euros
21:07 24.10.2024
UBS maintains buy rating for Valeo with target price of 13 euros
21:07 24.10.2024
french manufacturing sector faces deep crisis amid economic contraction signals
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20:53 24.10.2024
ArchiMed acquires FIM Medical with Dechert's legal guidance in transaction
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20:52 24.10.2024
G20 faces pressure to enhance climate action amid rising global emissions
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19:36 24.10.2024
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