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Schneider Electric upgraded to Neutral from Underperform at BofA

Schneider Electric upgraded to Neutral from Underperform at BofA

BofA analyst Alexander Virgo upgraded Schneider Electric (SBGSY) to Neutral from Underperform. Schneider is expected to show a strong finish to the year with construction recovery to support a strong second half, says the firm, which also sees long-term support from data center demand.

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