Jefferies analyst Adela Dashian upgraded Munters Group to Buy from Hold with a price target of SEK 115, up from SEK 78, following coverage shift at the firm. Jefferies believes its current valuation overlooks it being well-positioned to gain from favorable global market trends such as electrification and digitization, as well as sustainability.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on MMNNF: