Bernstein upgraded Demant (WILYY) to Outperform from Market Perform with a price target of DKK 338, up from DKK 249. The firm now sees growth tailwinds for the company that can drive a re-rating “of what is still a depressed multiple.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WILYY:
- Demant upgraded to Outperform from Neutral at BNP Paribas Exane
- Demant upgraded to Buy from Hold at Kepler Cheuvreux
- Demant upgraded to Buy from Neutral at Citi
- Demant price target lowered to DKK 310 from DKK 325 at Morgan Stanley
- Demant’s Strategic Growth and Market Positioning Justify Buy Rating with 21% Upside Potential