Jefferies downgrades Generali to hold after 123% share-price surge

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  • Jefferies downgraded Generali to hold from buy after its strong share-price advance.
  • Generali shares gained 123% since January 2024, versus 52% for the SXIP insurance index.
  • Generali will release nine-month results on Nov. 13 before its 2026 Investor Day.
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