Kepler Cheuvreux analyst Johan Sjoberg double upgraded SKF AB (SKFRY) to Buy from Reduce with a price target of SEK 240, up from SEK 200. The firm sees the company’s bottoming out in the near-term and says that as its volumes recover in 2025, so should margins.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SKFRY: