(Telestock) – Nexansa French giant active in the design and production of cable systems, is sharply down on the Paris Stock Exchange after analysts Goldman-Sachs they lowered the recommendation to “Neutral” from “Buy” and raised the target price to 117 euros per share from the previous 114 euros.
It moves into negative territory NexansThat stands at 115.9 euroswith a 3.50% drop. Expected for the rest of the session an extension of the bearish phase with support area seen at 113.2 and then at 110.6. Resistance at 117.9.