EUROFINS SCIENTIFIC : Deutsche Bank reduces its target price
Having examined the accounts of the group's 280 European subsidiaries in order to gain a better understanding of its business model, the analyst deduced that the bio-analysis giant would need to significantly improve its performance across all its business lines in order to meet its 2027 targets.
However, he points out, such a phenomenon has never occurred historically, with the sole exception of the Covid crisis, which gave the diagnostics industry a boost.
'In view of these factors, we remain cautious as to the reality of such a major improvement', he stresses.
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