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Improving Hypermarket traffic Trends to Boost Carrefour’s 2010 EBIT
Friday, November 27, 2009 - 3:52pm | 89Alastair Johnston of Citigroup Global Markets initiated coverage of Carrefour (EPA: CA) with a “buy” rating. The target price is set to €38. According to Citigroup Global Markets, CA is likely to post robust earnings recovery in 2010 and may overshoot consensus expectations for EBIT and EPS. CA’s...