Legrand Expected to Report Positive 3Q Result, At Least Back Guidance -- Market Talk

1231 GMT - Legrand should report a positive overall third-quarter result and either back its full-year guidance or make a modest upgrade, J.P. Morgan analysts write. The French electrical equipment supplier raised its 2026 guidance in July, and now forecasts constant currency sales growth of 16%-19% compared with 10% to 15% previously. JPM has an overweight rating on the stock and 200.00 euro target price. Shares are down 0.85% at 139.95 euros, but up around 10% over the year-to-date. (ian.walker@wsj.com) (END) Dow Jones Newswires October 08, 2026 08:32 ET (12:32 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.