Is Nestlé’s Turnaround Finally Gaining Momentum?

After several disappointing years, the global consumer goods behemoth is showing unexpected signs of revitalization. A surprising third-quarter performance, an analyst upgrade, and sweeping restructuring initiatives under new CEO Philipp Navratil have ignited speculation about a potential sustained recovery for the long-struggling giant.

Berenberg, the investment bank, has significantly revised its position on Nestlé, elevating its rating from “Hold” to “Buy.” The firm also raised its price target to 92 CHF, suggesting a substantial 19 percent upside from current levels. The analysts’ rationale points to an anticipated “enhanced corporate performance across all levels of the profit and loss statement” by 2026.

This renewed confidence stems largely from the company’s Read more...