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Schweiter Technologies downgraded to Neutral from Outperform at Credit Suisse

Credit Suisse analyst Tommaso Operto downgraded Schweiter Technologies to Neutral from Outperform with a price target of CHF 735, down from CHF 950. The analyst sees limited visibility on the company’s earnings recovery after reducing estimates to take into account “deteriorating leading indicators,” including an expected downturn in construction output.

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