JPMorgan downgraded Sika (SXYAY) to Underweight from Neutral with a price target of CHF 160, down from CHF 183. The firm sees continued earnings risk and a lack of outperformance versus the peer group for Sika.
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Read More on SXYAY:
- Sika downgraded to Equal Weight from Overweight at Morgan Stanley
- Cautious Outlook for Sika AG Amidst Margin Protection and Slowing Growth
- Sika price target lowered to CHF 190 from CHF 200 at Citi
- Sika upgraded to Buy from Neutral at Rothschild & Co Redburn
- Sika price target lowered to CHF 183 from CHF 186 at JPMorgan