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JPMorgan Maintains Neutral Rating on Nestlé with 90-Franc Price Target

The U.S. bank kept its recommendation unchanged, citing parallels to Danone’s 2023 exit from Russia after forced administration of its holdings there. The price target of 90 Swiss francs implies limited upside from current levels.

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Priya Anand · Equities & Earnings Desk · 19 Sept 2026 · 07:15 · 1 min read
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JPMorgan Maintains Neutral Rating on Nestlé with 90-Franc Price Target

JPMorgan retained its Neutral rating on Nestlé and kept the price target at 90 Swiss francs, according to a note from analyst Celine Pannuti dated 18 September 2026. The original study was first published at 06:07 BST and disseminated at 06:25 BST.

The analyst compared the situation to Danone’s experience in 2023, noting that both companies faced forced administration of their Russian holdings. Danone ultimately exited the market at a substantial loss, a scenario Pannuti suggested could be analogous for Nestlé.

Nestlé’s ISIN is CH0038863350. The note includes the standard disclosure reference for potential conflicts of interest under §85 Abs. 1 WpHG and Art. 20 VO (EU) 596/2014, available at the dpa‑AFX website.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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JPMorgan Keeps Nestlé Neutral, 90‑CHF Target · Finance Review Daily