Barclays analyst Hassan Al-Wakeel downgraded Sonova (SONVY) to Underweight from Equal Weight with a price target of CHF 225, down from CHF 275. The firm believes the stock’s valuation remains elevated relative to peers despite downside risks to the fiscal year guidance.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SONVY: