Morgan Stanley analyst Laura Metayer downgraded Sinch to Underweight from Equal Weight with a price target of SEK 26, down from SEK 27. The analyst thinks Sinch’s recent re-rating has gone too far and views market expectations as too high.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>