HomeBusinessCiti Downgrades Danone to Neutral, Citing Fully Priced Outperformance

Citi Downgrades Danone to Neutral, Citing Fully Priced Outperformance

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Citi has downgraded Danone’s rating to “neutral,” stating that the company’s recent strong performance is now fully reflected in its stock price. According to the financial institution, the previous positive outlook has been accounted for, and there is limited potential for further appreciation in Danone’s market value under current circumstances. The decision to adjust the rating indicates a shift in expectation towards a more balanced view of the company’s future performance.

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