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Brenntag downgraded to Neutral from Buy at Citi

Brenntag downgraded to Neutral from Buy at Citi

Citi analyst Marc Van’T Sant downgraded Brenntag (BNTGY) to Neutral from Buy with a EUR 58 price target Brenntag missed Q3 expectations due to cost overruns with insufficient offset from cost containment and/or pricing, the analyst tells investors in a research note.

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