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EQT AB upgraded to Overweight from Neutral at JPMorgan

JPMorgan analyst Angeliki Bairaktari upgraded EQT AB (EQBBF) to Overweight from Neutral with a SEK 399 price target as part of a broader research note on European Financials. The firm also names the stock its Top Pick in the space. JPMorgan says it sees a number of positive catalysts over the next year for EQT, with significant flagship fundraising as well as a pick up in carried interest expected to support a 21% EPS CAGR from FY25 to FY28, the analyst tells investors in a research note.

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