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Davide Campari-Milano upgraded to Neutral from Underweight at JPMorgan

JPMorgan analyst Celine Pannuti upgraded Davide Campari-Milano (DVDCF) to Neutral from Underweight with a price target of EUR 6, up from EUR 5. The firm cites the company’s Q3 EBIT beat of 15% on strong gross margin for the upgrade.

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