Morgan Stanley double upgraded Demant to Overweight from Underweight with a price target of DKK 320, up from DKK 268. The analyst sees current valuation levels as “extreme,” providing an attractive entry point on a stock with de-risked estimates, scope to improve margins and a potentially simpler, more focused portfolio.
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Read More on WILYY:
- Demant upgraded to Hold from Reduce at Kepler Cheuvreux
- Demant price target lowered to DKK 319 from DKK 381 at JPMorgan
- Demant upgraded to Buy from Hold at SEB Equities
- Demant upgraded to Market Perform from Underperform at Handelsbanken
- Demant price target lowered to DKK 285 from DKK 373 at Deutsche Bank