Morgan Stanley upgraded Knorr-Bremse (KNRRY) to Overweight from Equal Weight with a price target of EUR 107, up from EUR 83. The firm adjusted ratings in the European capital goods space as part of its 2026 outlook. In 2026, the firm sees a “selective broadening out” of growth across end markets. However, this will not be a widespread cyclical rebound, so investors should “lean into quality growth,” the analyst tells investors in a research note.
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Read More on KNRRY:
- Knorr-Bremse upgraded to Buy from Hold at Deutsche Bank
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- Knorr-Bremse price target raised to EUR 87 from EUR 65 at Barclays
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