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societe generale stock rating downgraded to hold amid strong performance

Kepler Cheuvreux analyst Jacques-Henri Gaulard has downgraded Societe Generale's stock rating from Buy to Hold, maintaining a price target of EUR43.90 as the stock approaches this value. The bank has shown impressive performance, with a 59.12% year-to-date return, outpacing peers by 25%. Recent analyst upgrades reflect a positive outlook, with Jefferies raising its target to €55 and JPMorgan upgrading to Overweight, anticipating strong earnings growth and improved operational efficiency.

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