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Adecco upgraded to Outperform from Neutral at Exane BNP Paribas

Exane BNP Paribas upgraded Adecco (AHEXY) to Outperform from Neutral with a CHF 33.50 price target The firm adjusted ratings in the staffing group, saying “seismic shifts” in European versus U.S. policy and macro outlooks mean it is time to “lean into” European cyclicals.

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