JPMorgan downgraded Knorr-Bremse (KNRRY) to Neutral from Overweight with an unchanged price target of EUR 93. The firm sees limited upside after the stock’s outperformance with a lack of catalysts in the second half of the year.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KNRRY: