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Socgen recommendation supports Evonik in a weak market

A buy recommendation from Societe Generale provided moderate support for Evonik shares on Friday. The shares of the specialty chemicals company held up better than the overall market in the morning,.

SocGen upgrades K+S to Buy and target to 23 euros

French major bank Societe Generale upgraded K+S to buy from hold and raised its price target to 23 euros from 18 euros. Analyst Thomas Swoboda expects a longer period of stability in the global.

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