• (PLX AI) – Instalco shares rose 5% in early trading after Carnegie upgraded the stock to buy from hold.
  • • Price target increased to SEK 500 from SEK 490, implying 20% upside
  • • Instalco multiples have fallen closer to peers despite having strong earnings growth, Carnegie said
  • • Faster growth justifies a premium, and the near term outlook remains favorable: Carnegie
  • • NOTE: Instalco is scheduled to report earnings for Q3 on Nov. 9

Quelle: PLX AI