1443 GMT - Carrefour is in danger of falling short of investor performance expectations for the first half of 2026, JPMorgan's Borja Olcese and Palak Garg write. Shares in the company rallied in recent months, but investors are becoming excessively confident, the analysts say. "We again see a risk of disappointment and the need for expectations to reset." The French grocer has a tendency to miss expectations, the analysts say. Market conditions in Brazil and across much of Europe don't bode well for the company, with Spain a solitary bright spot, they say. J.P. Morgan places Carrefour on negative catalyst watch, signaling short-term caution for the stock. Carrefour shares fall 6.4%.(josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
June 18, 2026 10:44 ET (14:44 GMT)
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