Robertet climbs more than 3% with the support of favorable comments from Stifel, which initiates coverage with a 'buy' recommendation and a price target of 1,000 euros on the share of the French flavors and fragrances group.

The company, the world's seventh largest producer, operates in a fundamentally dynamic, low-cyclical market, and benefits from the pricing power of a highly concentrated sector", the broker points out.

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