What specifically changed in the Citigroup note on Feb 03, 2026?

Citigroup maintained a Neutral rating and lowered the Givaudan price target to **CHF 3,350** from **CHF 3,500**. The update reflects valuation and earnings assumptions without changing the recommendation.

How should investors act on the GVDNY analyst rating?

Treat the GVDNY analyst rating as a hold signal. Review position size, monitor upcoming earnings, and weigh the Neutral view against other analyst notes and your strategy.

Does the price target cut mean Givaudan is a sell?

No. A price target cut with a maintained Neutral means the analyst trimmed valuation expectations but did not recommend selling. It signals limited near-term upside.

Where can I read the Citigroup update?

The Citigroup note is summarized by TheFly, which reported the price target change on Feb 03, 2026 [source](https://thefly.com/permalinks/entry.php/id4283884/3505286394/GVDNY-Givaudan-price-target-lowered-by-CHF--at-Citi). Recent market context is also available on Investing.com [source](https://www

Analyst Ratings

Citigroup maintains Neutral on Givaudan SA (GVDNY) Feb 03, 2026

ByHuzaifa Zahoor February 4, 2026February 4, 2026

Citigroup maintained a Neutral rating on Givaudan SA on Feb 03, 2026, while lowering its price target to CHF 3,350 from CHF 3,500. This GVDNY analyst rating update signals caution rather than a directional call. The firm kept the rating unchanged even as it trimmed the outlook, and the move coincided with a -0.41% intraday change reported in the same update. Investors should view this as a reassessment of valuation, not a full downgrade.