Jul 31, 2008
first sanctions analysts fall
While Safran fell about 10% below 12 euros in mid-day because of a very cautious tone adopted by the group for the prospects of the aviation market in 2009 and 2010, the first sanctions analysts fall.Deutsche Bank has cut its target of 12 courses to 9 Euros and now recommends selling Safran ( "Hold" before). Deutsche Bank also notes that the divestiture long-awaited activities mobile telephony is finally only partial, Safran maintaining the site of ferns and 10% of the new entity formed with the venture capital fund Sofinnova.
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