tiprankstipranks
Schindler downgraded to Underweight from Neutral at JPMorgan
The Fly

Schindler downgraded to Underweight from Neutral at JPMorgan

JPMorgan analyst Andrew Wilson downgraded Schindler (SHLAF) to Underweight from Neutral with a price target of CHF 245, up from CHF 235. The firm believes the European capital goods sector in 2025 will continue to demonstrate its shift towards quality from cyclical and that the structural supports to demand are real. However, the cycle matters and recent geopolitical events have heightened the level of macro uncertainty, the analyst tells investors in a research note. JPMorgan adjusted ratings as part of its 2025 outlook.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App