Nestlé: Transformation Gains Momentum, But Execution Risk Rises (Rating Downgrade)
Corroborated by 1 source from 1 publisher
globalgeneral5h ago
TL;DR
According to seekingalpha.com, introduction The last time I covered Nestlé (NSRGY, NSRGF), I highlighted their potential coming from the new CEO and the cost-saving program with significant workforce reductions amid ongoing macro pressure from several - Nestlé is downgraded to Hold as portfolio reshuffling and macro headwinds warrant a better margin of safety.