JPMorgan analyst Dominic O’Kane upgraded Salzgitter (SZGPY) to Neutral from Underweight with a price target of EUR 28.50, up from EUR 16.10. The firm says that with multi-year regulatory protections in place, it sees potential for higher equity multiples.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SZGPY: