Citi analyst Martin Wilkie upgraded Alstom (ALSMY) to Buy from Neutral with a price target of EUR 31, up from EUR 21. The firm says the company’s free cash flow is set to inflect higher.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALSMY:
- Alstom price target raised to EUR 33.40 from EUR 28.80 at JPMorgan
- Alstom price target raised to EUR 10 from EUR 9 at Barclays
- ALSTOM UNSP Earnings Call: Growth Amid Challenges
- Alstom price target raised to EUR 27 from EUR 26 at Deutsche Bank
- Alstom price target raised to EUR 28.80 from EUR 28 at JPMorgan
