Castellum AB Slips as DNB Downgrades on Interest Rate Headwinds

• (PLX AI) - Castellum shares fell 1% after analysts at DNB cut their recommendation to hold from buy.
• • Price target cut to SEK 205 from SEK 245
• • Castellum has appealing valuation metrics compared to peers, but rising interest rates are the main concern, DNB said
• • Expect fewer acquisitions in the near term and a more careful stance on new project starts: DNB