Bernstein downgraded Fortum (FOJCY) to Market Perform from Outperform on the basis of reduced risk-reward.
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Read More on FOJCY:
- Fortum Corporation: Hold Rating Amid Market Valuation Alignment and Nordic Power Price Uncertainty
- Fortum downgraded to Equal Weight from Overweight at Morgan Stanley
- Fortum price target raised to EUR 14.30 from EUR 14.20 at Citi
- Fortum price target lowered to EUR 15.60 from EUR 15.80 at Morgan Stanley
- Fortum price target lowered to EUR 12.20 from EUR 12.40 at UBS