Jefferies analyst Molly Wylenzek upgraded Essity to Hold from Underperform with a price target of SEK 277, up from SEK 255. The market is “rightly fixated” on Essity’s pricing outlook heading into Q2 as pulp and many other raw material costs sink, but the firm thinks a steep fall in input costs as a risk for pricing is “increasingly well understood by the market,” the analyst tells investors.
Published first on TheFly
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- Essity price target raised to SEK 285 from SEK 270 at JPMorgan
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