RBC Capital analyst Sebastian Kuenne downgraded SKF AB (SKFRY) to Sector Perform from Outperform with a price target of SEK 235, down from SEK 240. The company’s new long-term targets “should be taken with great caution,” the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SKFRY: