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Essity upgraded to Neutral from Underweight at JPMorgan

Essity upgraded to Neutral from Underweight at JPMorgan

JPMorgan analyst Celine Pannuti upgraded Essity (ETTYF) to Neutral from Underweight with a price target of SEK 310, up from SEK 280. The firm cites strong earnings expectations for the upgrade but says the stock’s re-rating leaves limited place for further upside.

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