UBS reaffirms its 'buy' recommendation on Schneider Electric and its price target of 250 euros, a target that offers 12% upside potential for the stock, ahead of the industrial group's half-yearly results, scheduled for July 31.

We see limited scope for an upward revision of the organic growth target at this stage, but do not rule out the possibility of a slight improvement in the margin outlook for the year", says the broker.

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