Nestlé: UBS sees a buy opportunity
(CercleFinance.com) - The analyst confirms his buy rating on the Nestlé share, while maintaining a target price at 125 Swiss francs.
In today's comments, the analyst wonders what impact GLP-1 could have on Nestlé's sales...
"Demystifying the hypothetical impact of GLP-1 on Nestle's growth prospects; we conclude that recent valuation decline is overdone & thus offers good opportunity", he says.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
In today's comments, the analyst wonders what impact GLP-1 could have on Nestlé's sales...
"Demystifying the hypothetical impact of GLP-1 on Nestle's growth prospects; we conclude that recent valuation decline is overdone & thus offers good opportunity", he says.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.