Bernstein analyst Susannah Ludwig upgraded Sonova (SONVY) to Outperform from Market Perform with a price target of CHF 278, up from CHF 270. The firm says the recent selloff is “inconsistent” with the recent improvement in the company’s fundamentals.
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>>
Read More on SONVY:
- Sonova downgraded to Underweight from Equal Weight at Barclays
- Sonova downgraded to Underperform from Outperform at BNP Paribas Exane
- Sonova upgraded to Hold from Reduce at Kepler Cheuvreux
- Sonova price target lowered to CHF 235 from CHF 244 at Citi
- Sonova downgraded to Sell from Neutral at Redburn Atlantic