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When financial analysts are bullied

The drift is serious enough to be denounced. The Kepler Cheuvreux analyst in charge of monitoring the food retail trade suffered “Anonymous intimidation attempts”, linked to some of his analytical notes, the brokerage firm explained. Following these threats, Kepler decided to « modifier [son] perimeter. “ It will no longer follow Casino or Metro. It is the head of France equity research who will now directly monitor these two companies. However, the analyst continues to follow other companies in the sector.

The brokerage firm sent this very unusual note to its clients on Wednesday evening. Neither Kepler Cheuvreux nor the analyst concerned wish to comment. But the message is clear. The broker protects his troops and does not intend to give in. “Kepler Cheuvreux has a reputation for supporting its analysts”breathes a professional who knows the house well.

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