UBS upgraded Volvo (VLVLY) to Neutral from Sell with a price target of SEK 273, up from SEK 263. The firm says concerns over the truck downcycle are now embedded into expectations, as it forecasts a pickup in fundamentals over the second half of 2025.
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