Morgan Stanley analyst Michael Harleaux upgraded Atlas Copco (ATLKY) to Overweight from Equal Weight with a price target of SEK 162, down from SEK 184. The firm adjusted ratings in the European capital goods space as part of its 2026 outlook. In 2026, the firm sees a “selective broadening out” of growth across end markets. However, this will not be a widespread cyclical rebound, so investors should “lean into quality growth,” the analyst tells investors in a research note.
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Read More on ATLKY:
- Atlas Copco upgraded to Overweight from Equal Weight at Barclays
- Atlas Copco removed from European Conviction List at Goldman Sachs
- Atlas Copco price target raised to SEK 192 from SEK 180 at Citi
- Atlas Copco downgraded to Sell from Buy at UBS
- Atlas Copco price target raised to SEK 164 from SEK 160 at Deutsche Bank