- (PLX AI) - Epiroc shares fell 1.5% as analysts at Bank of America said the company's valuation was unjustified and reiterated an underperform rating on the stock.
- • Price target SEK 155 implies 29% downside
- • With 75% revenue exposure to the cyclical mining market, Epiroc is facing China-related uncertainties similar to those that triggered a mining recession in the middle of the last decade, BofA said