Getinge downgraded to Equal Weight from Overweight at Morgan Stanley

Morgan Stanley analyst Robert Davies downgraded Getinge to Equal Weight from Overweight with a price target of SEK 210, down from SEK 255. The analyst sees limited near term visibility around the timing for fixing the company’s quality and supply chain challenges. In addition, the stock’s risk/reward no longer screens attractive versus the sector, the analyst tells investors in a research note.