JPMorgan analyst Celine Pannuti upgraded Essity (ETTYF) to Neutral from Underweight with a price target of SEK 310, up from SEK 280. The firm cites strong earnings expectations for the upgrade but says the stock’s re-rating leaves limited place for further upside.
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Read More on ETTYF:
- Essity price target raised to SEK 280 from SEK 265 at JPMorgan
- Essity downgraded to Hold from Buy at Kepler Cheuvreux
- Essity AB Class B (ETTYF) Q3 Earnings Cheat Sheet
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
