Morgan Stanley analyst Alice Bergier Winograd downgraded Neste (NTOIY) to Equal Weight from Overweight with a price target of EUR 27, down from EUR 28.50. Neste has been “an EPS upgrade story for the last year,” but the firm sees margin strength as priced in and expects the debate to shift from margin upside to policy risk as policymakers start to act on energy affordability, the analyst tells investors.
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Read More on NTOIY:
- Neste price target raised to EUR 33 from EUR 25 at Berenberg
- Neste downgraded to Neutral from Buy at Goldman Sachs
- Neste price target raised to EUR 28.50 from EUR 25 at Morgan Stanley
- Neste upgraded to Overweight from Equal Weight at Barclays
- Neste upgraded to Outperform from Sector Perform at RBC Capital