Legrand: UBS still 'neutral' - adjusts target price

(CercleFinance.com) - UBS maintains its "neutral" rating on the Legrand stock, while adjusting its target price from 58 euros to 60 euros, which represents upside potential of just 2% for the share of the electrical equipment supplier.


"We continue to like Legrand's defensiveness but remain cautious on police investigations," the broker summarises in its comments on the share.


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