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JPMorgan Upgrades Nestle, Sees Strong FY27 | Markets & Money News
Nestle receives an upgrade from JPMorgan, moving from Neutral to Overweight, with a price target increase to 100 Swiss francs. Analyst Celine Pannuti predicts FY 2027 to be a strong year, with expected organic growth above 4% and improved profitability, as cost inflation becomes more manageable. Growth in the U.S. market is forecasted to improve, while emerging markets are also expected to perform well. With a strategic goal of achieving 3 billion Swiss francs in savings by 2028, Nestle's
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