JPMorgan upgraded Neste (NTOIY) to Neutral from Underweight with an unchanged price target of EUR 17. The firm cites valuation for the upgrade, noting the shares have de-rated 40% since its move to Underweight earlier this year following Neste’s multiple market and operational led profit warnings.
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Read More on NTOIY:
- Neste price target lowered to EUR 18 from EUR 19 at RBC Capital
- Neste downgraded to Neutral from Outperform at Grupo Santander
- Neste price target lowered to EUR 17 from EUR 18 at JPMorgan
- Neste downgraded to Equal Weight from Overweight at Morgan Stanley
- Neste price target lowered to EUR 19 from EUR 21 at RBC Capital