OPmobility was down nearly 2% on the back of unfavorable comments from Stifel, which, while maintaining its 'buy' recommendation on the automotive equipment supplier's stock, lowered its target price from 17 to 13 euros.

The two half-years should prove fairly balanced in terms of margin and FCF, with a possible slight sequential improvement in the second half of 2024", estimated the broker, who nevertheless reduced its 2024-26 EPS by 15% on average.

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