Jefferies Lowers InPost to Hold as Heavy Investment Cycle and Buyout Offer Tighten Valuation
Jefferies downgraded InPost S.A. to "hold" from "buy" and cut its price target to €15.60 after the company reported fourth-quarter adjusted EBITDA below consensus and outlined a capital-intensive expansion that will compress margins through 2026. The new target aligns with a recommended €15.60-per-share cash offer from a shareholder consortium led …