JPMorgan analyst Andrew Wilson downgraded Schindler (SHLAF) to Underweight from Neutral with a price target of CHF 245, up from CHF 235. The firm believes the European capital goods sector in 2025 will continue to demonstrate its shift towards quality from cyclical and that the structural supports to demand are real. However, the cycle matters and recent geopolitical events have heightened the level of macro uncertainty, the analyst tells investors in a research note. JPMorgan adjusted ratings as part of its 2025 outlook.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHLAF:
- Schindler upgraded to Overweight from Equal Weight at Barclays
- Schindler price target raised to CHF 270 from CHF 260 at RBC Capital
- Schindler price target raised to CHF 255 from CHF 230 at Citi
- Schindler price target raised to CHF 274 from CHF 261 at Deutsche Bank
- SHLAF Earnings Report this Week: Is It a Buy, Ahead of Earnings?