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Morgan Stanley Downgrades Givaudan to Underweight, Trims PT

MT Newswires·08/27/2026 08:36:56
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08:36 AM EDT, 08/27/2026 (MT Newswires) -- Morgan Stanley on Wednesday downgraded Swiss flavors, fragrances, and cosmetic ingredients maker Givaudan (GIVN.SW) to underweight from equal weight and lowered the price target to 2,900 francs from 2,950 francs. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)