JPMorgan analyst Moses Ola upgraded SSAB AB to Overweight from Neutral with a price target of SEK 66, up from SEK 64. The company has relatively large exposure to European spot prices, which in an upturn could accelerate near-term positive earnings momentum, 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 Insiders’ Hot Stocks on TipRanks >>
Read More on SSAAY: