Citi downgraded Sandvik (SDVKY) to Neutral from Buy with a price target of SEK 405, up from SEK 355. The firm sees a balanced risk/reward following the recent share rally.
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Read More on SDVKY:
- Sandvik price target raised to SEK 325 from SEK 290 at Goldman Sachs
- Sandvik price target raised to SEK 368 from SEK 356 at Morgan Stanley
- Sandvik price target lowered to SEK 398 from SEK 404 at Deutsche Bank
- Sandvik downgraded to Equal Weight from Overweight at Morgan Stanley
- Sandvik price target raised to SEK 404 from SEK 353 at Deutsche Bank