Jefferies analyst Pierre-Emmanuel Clouard upgraded Vonovia (VONOY) to Buy from Hold with a price target of EUR 31.50, up from EUR 30. The firm cites valuation for the upgrade following the stock’s year-to-date underperformance back as well as improving key metrics.
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 VONOY: