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home / news releases / MGDDY - Michelin In Motion Again A Buy

MGDDY - Michelin In Motion Again A Buy

Compagnie Generale des Etablissements Michelin ADR

2024-07-12 07:39:06 ET

Summary

  • Michelin unveiled a Capital Markets Day outlining key considerations until 2026.
  • The company is set to showcase innovation power, with a positive outlook on product mix and cost savings.
  • Michelin offers earnings upside and impressive capital allocation policies, warranting a buy recommendation.

At the Lab, we have a strong understanding of the automotive sector. Following a rating downgrade on Compagnie Générale des Établissements Michelin (MGDDF)(MGDDY), we believe it is crucial to revisit the company's equity story. Since our last update, the company has reported a robust Q1 and unveiled a Capital Markets Day, outlining key considerations until 2026....

For further details see:

Michelin In Motion, Again A Buy
Stock Information
Company Name: Compagnie Generale des Etablissements Michelin ADR
Stock Symbol: MGDDY
Market: OTC
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