Goldman Sachs analyst Michelle Della Vigna downgraded Neste (NTOIY) to Neutral from Buy with a EUR 17 price target The recent share rally has brought the stock back to a premium valuation, the analyst tells investors in a research note. Goldman believes Neste now trades at a 10% premium to replacement cost with less near-term earnings upside.
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Read More on NTOIY:
- Neste downgraded to Neutral from Buy at Goldman Sachs
- Neste price target raised to EUR 14 from EUR 13 at JPMorgan
- Neste price target raised to EUR 16 from EUR 10 at Berenberg
- Neste upgraded to Outperform from Neutral at BNP Paribas Exane
- Neste price target lowered to EUR 15 from EUR 18 at Deutsche Bank