UBS downgraded Salzgitter (SZGPY) to Neutral from Buy with a price target of EUR 52, up from EUR 50. The firm cites valuation and the company’s portfolio simplification no closer to realization for the downgrade.
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Read More on SZGPY:
- Salzgitter upgraded to Outperform from Underperform at Oddo BHF
- Salzgitter price target raised to EUR 38.70 from EUR 20.50 at Morgan Stanley
- Salzgitter upgraded to Buy from Neutral at UBS
- Salzgitter price target raised to EUR 38 from EUR 25 at Citi
- Salzgitter downgraded to Underweight from Neutral at JPMorgan