100% French Stocks – February 17, 2026

PREOPEN CAC 40: 8,284 points (-0.47%)

Opening expected to be moderately down for the CAC 40, amid profit-taking and price target adjustments across Europe. Investors are watching earnings releases and analyst recommendations ahead of the opening.

Key Stocks of the Day

**Stellantis (STLA)**
Facing a class action lawsuit in the United States after its recent share price drop. Short-term legal risks; possible pressure at the open.

**Sanofi (SAN)**
Announces the expansion of its global competence center in India. Positive strategic signal regarding cost optimization and long-term R&D.

**GTT (GTT)**
New contract for the design of cryogenic tanks for four LNG carriers for Shandong Marine Energy. Improved visibility on order book.

**Eiffage (FGR)**
Acquisition of Claus Heinemann Elektroanlagen's assets in Germany through Salvia. Strategic strengthening in Europe.

**Vicat (VCT)**
Anticipates moderate organic growth in 2025 and confirms a stable dividend of €2. Defensive profile in the materials sector.

**ADP (ADP)**
7.8 million passengers in January 2026 (+3.5%). Traffic remains resilient.

**Vallourec (VK)**
Strategic partnership with Baker Hughes on green hydrogen storage (Delphy solution). ESG and energy transition theme.

**Figeac Aero (FGA)**
New contract with Safran for the Rafale M88 engine. Support for the defense/aerospace segment.

**Danone (BN)**
Investigation in France into contamination of infant milk. Reputational risk to watch.

Upcoming Results

Icade (ICAD)
M6 Métropole Télévision (MMT)
Mercialys (MERY)

Recommendation Changes

Upgrades

ArcelorMittal (MT) → Morgan Stanley remains overweight, target raised to €54.30.
Vinci (DG) → BNP Paribas maintains neutral, target raised to €139.
TotalEnergies (TTE) → BNP Paribas raises to €62, HSBC to €63.

Neutral

Capgemini (CAP) → Citi remains a buy but lowers target to €160; JP Morgan neutral, target at €150.
Crédit Agricole (ACA) → Goldman Sachs maintains sell, target lowered to €18.10.