UBS upgraded Voestalpine (VLPNY) to Buy from Neutral with a price target of EUR 43, up from EUR 26. The firm cites the planned European Union quota cuts and Voestalpine’s continued growth on rail infrastructure investment for the upgrade.
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Read More on VLPNY:
- Voestalpine price target raised to EUR 43.70 from EUR 40.60 at JPMorgan
- Voestalpine price target raised to EUR 41 from EUR 40 at Deutsche Bank
- Voestalpine AG Reports Resilient Earnings Amid Revenue Dip
- Voestalpine AG’s Earnings Call: Strong Cash Flow Amid Challenges
- Voestalpine upgraded to Overweight from Neutral at JPMorgan
