JPMorgan upgraded NN Group (NNGRY) to Overweight from Neutral with a price target of EUR 70, up from EUR 52. The firm sees the company as offering better earnings and valuation potential than ASR. NN’s recent capital markets day suggested a more diversified and stronger growth outlook than previously factored in, the analyst tells investors in a research note.
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Read More on NNGRY:
- NN Group price target raised to EUR 65.90 from EUR 54.20 at Berenberg
- NN Group price target raised to EUR 53.90 from EUR 42.95 at Citi
- NN Group downgraded to Neutral from Outperform at BNP Paribas Exane
- NN Group downgraded to Market Perform from Outperform at Keefe Bruyette
- NN Group price target raised to EUR 63.50 from EUR 58 at Barclays