Stifel analyst Andreas Heine upgraded BASF to Buy from Hold with a price target of EUR 59, up from EUR 47. The analyst sees potential for “substantial” earnings gains following the company’s mid-cycle targets.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BASFY:
- BASF announces additional annual cost savings of EUR 1B by end of 2026
- BASF launches ChemCycling in the United States
- BASFY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Firms reconsider tie with Xinjiang after forced labor allegations, NYTimes says
- BASF upgraded to Buy from Hold at Societe Generale