Bucking the trend in Paris, the Bic share gained nearly 2% on an upgrade by Oddo BHF from 'neutral' to 'outperform', with its price target maintained at 73 euros for the manufacturer of stationery, lighters and razors.

The research firm welcomes the update of the strategic plan issued the previous day, which it sees as 'a good step towards reiterating the company's strategy of business growth', and points to 'good financial discipline geared towards free cash flow generation'.

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