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J.P. Morgan Remains a Buy on DANONE SA (0KFX)

Tipranks - Tipranks - Tue Feb 24, 4:36AM CST

J.P. Morgan analyst Celine Pannuti CFA maintained a Buy rating on DANONE SA today and set a price target of €90.00.

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Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, DANONE SA, and Nestlé SA. According to TipRanks, Pannuti CFA has an average return of -1.9% and a 41.87% success rate on recommended stocks.

In addition to J.P. Morgan, DANONE SA also received a Buy from TipRanks – PerPlexity’s PerPlexity Consumer Defensive GB in a report issued on February 21. However, today, Deutsche Bank maintained a Sell rating on DANONE SA (LSE: 0KFX).

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Based on DANONE SA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €13.55 billion and a net profit of €784 million. In comparison, last year the company earned a revenue of €13.62 billion and had a net profit of €802 million

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