Deutsche Bank analyst Jon Bell downgraded Sika (SXYAY) to Hold from Buy with a price target of CHF 168, down from CHF 237. The firm adjusted ratings and targets in the European buildings materials group as part of a 2026 outlook. It retains a preference for the heavy-side names.
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Read More on SXYAY:
- Sika upgraded to Equal Weight from Underweight at Barclays
- Sika price target lowered to CHF 237 from CHF 248 at Deutsche Bank
- Sika price target lowered to CHF 240 from CHF 285 at Berenberg
- Sika downgraded to Underweight from Neutral at JPMorgan
- Sika downgraded to Equal Weight from Overweight at Morgan Stanley