• (PLX AI) – Addtech shares fell 2.4% in morning trading after analysts at SEB cut their recommendation to hold from buy.
  • • Price target cut to SEK 178 from SEK 194
  • • Addtech premium to peers is warranted, but there is no material upside for the shares from here, SEB said
  • • Risks for deteriorating market conditions have increased given the many challenges facing global industrial demand: SEB
  • • Meanwhile, the stock remains rated buy at Nordea and Carnegie, both lifting their price targets slightly on Addtech today

Quelle: PLX AI