• (PLX AI) – Thule shares rose 5% after Danske Bank analysts upgraded the stock to buy from hold, saying a 38% drop year-to-date is too much for a quality name.
  • • Price target SEK 435
  • • Thule has only 1% of its sales in Russia and no direct sourcing from that country, Danske pointed out
  • • As the clear market leader with superior delivery capacity and the most updated and progressive product program, Thule should continue to capture significant market share, Danske said
  • • Meanwhile, Kepler Cheuvreux reiterated a buy rating on the stock, with price target SEK 450
  • • The shares have fallen and look attractive, Kepler said

Quelle: PLX AI