Barclays: Schneider Electric expected to withstand the impact of Middle East conflicts.

Barclays analysts say that Schneider Electric should be able to withstand the economic impact related to the conflict in the Middle East, as the company's profits are mainly driven by data centers, electrical grid infrastructure, and energy capital expenditures. These analysts stated in a research report that the French energy management and automation group learned lessons from cost control and pricing execution last year. These analysts believe that, combined with the leadership of new Chief Financial Officer Nathan Fast, this, provides room for performance better than expected. Barclays has upgraded its rating from "Neutral" to "Overweight" and raised the stock's target price from 270 to 305. The stock price fell by 1%, to 257.7.