UBS downgraded NN Group (NNGRY) to Neutral from Buy with a price target of EUR 66.30, up from EUR 63. The stock’s multiple and yield are no longer attractive versus the sector, the analyst tells investors in a research note.
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Read More on NNGRY:
- NN Group price target raised to EUR 70 from EUR 65.90 at Berenberg
- NN Group upgraded to Hold from Reduce at Kepler Cheuvreux
- NN Group Reports Strong Growth and Strategic Progress
- NN Group price target raised to EUR 52 from EUR 48 at Morgan Stanley
- NN Group upgraded to Buy from Neutral at Goldman Sachs