ASTRAZENECA : price target lowered by Barclays
"The last time AstraZeneca moved this much on a business point (third quarter 2021), the scale of the EPS disappointment and subsequent downgrades was much greater", notes the broker after last week's publication.
Barclays adds that the share is down 7% since publication, and stands at a 52-week low. We think this is a convincing entry point for a blue-chip company", he concludes.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction