🔴 SESG.PA is trading 6.4% down today after Barclays downgrade to Underweight on LEO competition

SESG.PA is trading 6.4% down at $7.78 after Barclays downgraded the stock to Underweight and cut its price target to €7.05.

• Analysts cited intensifying competition from low-Earth orbit (LEO) providers like Starlink and Amazon, leading to weaker long-term revenue and EBITDA expectations.
• The decline follows a strong run-up over the past week and comes as broader market weakness adds further downward pressure to the stock.