UBS upgraded Salzgitter (SZGPY) to Buy from Neutral with a price target of EUR 50, up from EUR 22.50. The firm says Salzgitter is the highest beta play on European steel price improvement in 2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SZGPY:
- Salzgitter price target raised to EUR 38 from EUR 25 at Citi
- Salzgitter downgraded to Underweight from Neutral at JPMorgan
- Salzgitter upgraded to Buy from Hold at Deutsche Bank
- Salzgitter price target raised to EUR 20.50 from EUR 17.90 at Morgan Stanley
- Salzgitter price target lowered to EUR 27.90 from EUR 28.50 at JPMorgan