The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Barclays initiates coverage on De Longhi and TechnoGym amid tariff concerns
Barclays maintains a "neutral" stance on European small- and mid-caps, initiating coverage on Italy's De' Longhi and TechnoGym amid favorable stock-picking conditions influenced by U.S. tariffs. De' Longhi is rated "underweight" due to significant tariff risks and potential cash depletion from M&A activities, while TechnoGym is rated "equal-weight" with limited tariff exposure, as only 10% of its sales are to the U.S. Barclays' top picks include D'Ieteren, Biomerieux, and SIG Group, noted for their resilience to macroeconomic shocks.
Analysts Update Recommendations and Price Targets for Key European Stocks
Analysts have made several notable adjustments to their recommendations and price targets for various companies. Allianz sees a downgrade from Jefferies, while Euronext and Fnac Darty receive upgrades. Kering remains underweight, and UBS Group's rating shifts from Outperform to Neutral. Other companies like Lonza and Soitec also see target price increases.
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