UBS upgraded Saab (SAABF) to Buy from Neutral with a price target of SEK 525, up from SEK 250. The analyst believes Saab’s product portfolio is well positioned for the defense spending upside.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAABF:
- Saab downgraded to Sell from Buy at Danske Bank
- Saab downgraded to Reduce from Hold at Kepler Cheuvreux
- Rheinmetall (RNMBY) Defense Sales Surge 50% and Predicts “Major Orders from Military Customers” as EU Races to Rearm
- Defense Stocks Soar as Europe Seeks Own Peace Plan for Ukraine
- Saab upgraded to Buy from Neutral at Citi