RBC Capital initiated coverage of Fortum (FOJCY) with a Sector Perform rating and EUR 17.50 price target The firm believes a material amount of future growth is already priced into the shares.
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Read More on FOJCY:
- Fortum price target raised to EUR 15 from EUR 12.80 at Deutsche Bank
- Fortum price target raised to EUR 17 from EUR 13 at Citi
- Fortum downgraded to Underweight from Equal Weight at Morgan Stanley
- Fortum upgraded to Neutral from Underperform at BNP Paribas Exane
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