DANONE : UBS upgrades share price to buy
' The benefits of the in-depth transformation of the portfolio and marked reinvestments will become visible in 2024, leading to medium-term upgrades and reclassification' says UBS.
Danone said it now expects like-for-like sales growth of between +6% and +7% for the current year, compared with +4% and +6% previously, with a moderate improvement in current operating margin confirmed.
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