Goldman Sachs downgraded Castellum to Sell from Neutral with a price target of SEK 89, down from SEK 98, implying 21% downside potential. The Swedish macro environment has been deteriorating and Castellum’s portfolio is 75% exposed by rent to offices, which is seeing oversupply, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CWQXF:
