Danone shares rise as Deutsche Bank upgrades rating to hold, keeps €61 target
AI Summary- Deutsche Bank upgraded Danone to hold from sell while retaining its €61 price target.
- 21.4% was Danone’s share decline since the year began, while earnings estimates rose 1.6%.
- Danone’s U.S. essential dairy trends remained weak despite improving non-milk employment and stable brand-search activity.