Rolls Royce Holdings PLC (RLLCF)

[KILLERMIKE]

5:02a ET 2/15/2021 - Dow Jones
Rolls-Royce's CFO Pick Might Not Reassure Market at First -- Market Talk
Mentioned: RYCEY
0957 GMT - Although Rolls-Royce appointed Panos Kakoullis--a managing director at Deloitte and former CEO-elect at PA--to be CFO, the market might have been more immediately reassured by a familiar name with more corporate experience, Jefferies says. Still, it is difficult to question Kakoullis's experience, technical credentials and knowledge of driving the adoption of AI and advanced analytics, the bank says. Jefferies has a buy rating on the stock and a 130 pence target price. Shares are up 3.2% at 95.84 pence. ([e-mail])

(END) Dow Jones Newswires

February 15, 2021 05:02 ET (10:02 GMT)
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