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Decreased Goal for Akzo Nobel Established by UBS at 63 Euros

UBS adjusts projected value for Akzo Nobel to 63 euros, leaving rating at 'Neutral'; Ebitda projection cut, with Akzo relying on cost reductions for stability.

UBS has decreased the projected value for Akzo Nobel, setting a new target at 63 euros.
UBS has decreased the projected value for Akzo Nobel, setting a new target at 63 euros.

Decreased Goal for Akzo Nobel Established by UBS at 63 Euros

In a recent development, Swiss banking giant UBS has announced a new price target for Akzo Nobel, a leading global paints and coatings company. Contrary to initial reports, the study released by UBS on July 23, 2025, at 19:10 GMT did not specify a new price target for Akzo Nobel.

The new price target was set by dpa-AFX Broker, an independent financial news agency, on July 24, 2025. The time and timezone of the announcement were not specified. This announcement was a separate event from the initial dissemination of the UBS study on Akzo Nobel, which occurred on July 24, 2025, and did not mention a new price target.

UBS maintains a Neutral stance on Akzo Nobel, with a slightly modified target price from 64 to 63 EUR as of July 24, 2025. This information does not directly relate to the study released on July 23, 2025, or the subsequent announcement by dpa-AFX Broker.

The study released by UBS on July 23, 2025, was initially disseminated without specifying the time and timezone. The initial dissemination of the study occurred on July 24, 2025.

It's important to note that the announcement by dpa-AFX Broker was not part of the original study on Akzo Nobel released by UBS. The announcement by dpa-AFX Broker regarding Akzo Nobel's price target was made independently of the study released by UBS.

This news serves as a reminder of the importance of accurate and timely information in the financial market. Investors are advised to seek detailed information from reliable sources before making investment decisions.

Speculation about Akzo Nobel's price target arose after the announcement made by dpa-AFX Broker on July 24, 2025, which was independent of the study released by UBS. Investors should exercise caution in their investing, as it's crucial to obtain accurate and timely financial information from reputable sources to make informed decisions.

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