ISS Is Reinventing Itself, Handelsbanken Says in Upgrade

• (PLX AI) - ISS is reinventing itself, with stronger risk management and a more conservative communication style under the new CEO, Handelsbanken said, upgrading the stock to hold from sell.
• • Price target raised to DKK 145 from DKK 54
• • There is a chance that ISS will exceed its guidance for 2021, after management conservatively kept it unchanged in the half-year report, Handelsbanken said
• • A sell rating is no longer justified, especially amid solid demand in the end-markets and the comapny's low valuation: Handelsbanken