UBS upgraded Neste (NTOIY) to Buy from Neutral with a price target of EUR 31, up from EUR 29. The firm says higher diesel prices and a stronger biofuel regulatory backdrop is not fully priced into the shares following the recent selloff.
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Read More on NTOIY:
- Neste price target raised to EUR 23 from EUR 20 at JPMorgan
- Hold Rating on Neste: Earnings Momentum Priced In Amid Rising Regulatory and Policy Risks
- Neste downgraded to Equal Weight from Overweight at Morgan Stanley
- Neste price target raised to EUR 33 from EUR 25 at Berenberg
- Neste downgraded to Neutral from Buy at Goldman Sachs