0603 GMT - Swiss baker Aryzta looks like an attractive prospect as it executes a simplified strategy, Berenberg says in a note, lifting its rating on the company to buy from hold. Management appears confident on delivering on midterm goals amid a simplification drive, and the valuation seems attractive, Berenberg says. The brokerage raises its target price on the company's stock to 75 Swiss francs from 65 francs. Shares last closed at 54.60 francs. (joshua.kirby@wsj.com; @joshualeokirby)
(END) Dow Jones Newswires
May 26, 2026 02:03 ET (06:03 GMT)
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