Hints and tips:
...Here’s JP Morgan: We are upgrading Campari (CPR) to Overweight with a Dec-21 price target of €10.00....
...We cut our TP to 36p (from 37p), but trading on just 0.53x Q1 2020 tNAV for ROTEs of 4.6%/6.2%/7.7% in 2020/21/22e, we now upgrade our rec to Buy (from Hold)....
...Q1 EPS of $1.21 beat a $1.13 consensus but Q2 EPS of $1.00-$1.10 was well wide of the $1.42 consensus on expectations for a severe reduction of its duty-free sales, slower growth from its iQOS vape flute...
...of a deferred tax asset, which accounted for c.8pp of the 20% beat....
...confirmed. 17.10: Another competition entry (see 10.25): Paddy the Plasterer I have no good sporting analogy but the best analogy is ‘Waiting for Godot’....
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