Alstom: Invest Securities adjusts its target, but remains Buy

(AOF) – Invest Securities lowered its price target from 42.2 to 41.5 euros on Alstom shares, while maintaining its Buy recommendation. Following the publication of the third quarter 2021-2022, the group maintained its guidance of positive free cash flow in the second half, without wanting to specify a figure. The research department explains that this caution has worried some analysts and investors and explains the slippage of prices well below 30 euros. A sanction that seems excessive for Invest Securities.

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