News Digest / Ticker: IMCDY

Ticker: IMCDY

06:43am, Friday, Jan 17, 2025

UBS Downgrades Brenntag to Neutral: Navigating Leadership Changes and Profitability Challenges

UBS Global Research downgrades Brenntag (ETR: BNRGn) from 'buy' to 'neutral' amid concerns over financial performance and leadership changes. The revised price target is €60. Analysts cite restructuring uncertainty and rising costs as key challenges ahead.