UBS analyst Charles Boissier has downgraded Cofinimmo shares from Buy to Neutral, raising the price target to €80.91 from €74.70, following Aedifica's share offer for Cofinimmo. The proposal, which offers 1.16 Aedifica shares for each Cofinimmo share, values Cofinimmo at a 20.8% premium over its undisturbed price. Cofinimmo is currently evaluating the offer, with the offer period set from August 18 to September 30, while potential risks and benefits are being assessed ahead of Aedifica's Extraordinary General Meeting on June 12.