Trustpilot Outperforms, EasyJet Cut, L'Oreal Downgrade
On this episode of Stock Movers:
- Trustpilot reported revenue for the first half-year that beat the average analyst estimate.
- Analysts including Harry Gowers cut EasyJet to neutral, establish a Street-low price target and place the carrier on a negative catalyst watch into its FY results on November 25th
- Jefferies downgrades L’Oreal to underperform and Beiersdorf to hold, saying that perceptions of medium-term growth rates are likely to fade over coming quarters.
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