(News Bulletin 247) – Analysts refine their recommendations this Friday on ADP, Air France-KLM, Antin Infrastructure, ArcelorMittal, Arkema…

ADP (closing price Thursday 110.90 euros): JP Morgan raises its recommendation from neutral to overweight with a price target which increases from 140 euros to 150 euros.

Air France-KLM (closing price 8.558 euros): Morgan Stanley maintains its market-weighted opinion but raises its price target to 9.40 euros compared to 9 euros previously.

Antin Infrastructure Partners (closing price 11.20 euros): Morgan Stanley maintains its market-weighted recommendation but slightly lowers its target price from 14.50 euros to 14.20 euros.

ArcelorMittal (closing price 22.61 euros): JP Morgan downgrades its overweight opinion to neutral with a price target lowered to 21 euros compared to 26 euros previously.

Arkema (closing price 86.20 euros): HSBC remains a buy with a price target reduced from 105 euros to 103 euros.

Carrefour (closing price 15.455 euros): Morgan Stanley remains market weighted but increases its price target from 15.70 euros to 17.30 euros.

Crédit Agricole (closing price 13.875 euros): Goldman Sachs maintains its sell recommendation but raises its target price from 15.30 euros to 15.50 euros.

Danone (closing price 64.72 euros): Stifel remains a buy and raises its price target from 58.40 euros to 72 euros.

Getlink (closing price 15.77 euros): Morgan Stanley maintains its overweight opinion but lowers its price target to 20.30 euros compared to 20.50 euros previously.

Ipsen (closing price 114 euros): Barclays remains market weighted with a price target raised from 115 euros to 125 euros.

JCDecaux (closing price 18.62 euros): Citigroup remains to be retained with a price target lowered to 21.20 euros compared to 22.30 euros previously.

LVMH (closing price 655 euros): Citigroup remains a buyer of the file but lowers its target price from 830 euros to 789 euros.

Michelin (closing price 33.94 euros): Goldman Sachs remains a buy and raises its target price to 39 euros compared to 38 euros previously.

Nexans (closing price 128.20 euros): JP Morgan remains neutral but increases its price target from 118 euros to 125 euros.

Thales (closing price 149.40 euros): Berenberg downgrades from buy to hold with a price target of 165 euros.

Valeo (closing price 10.095 euros): Goldman Sachs remains neutral on the stock but raises its target price from 16 euros to 18 euros.