- (PLX AI) - Saab shares fell 2.2% after analysts at Carnegie downgraded the stock to hold from buy, saying it was time for a breather.
- • Price target raised to SEK 450 from SEK 425
- • Q2 earnings should be relatively soft, but with very solid order intake, Carnegie said
- • The risk/reward is more balanced after a gain of 80% so far this year, the analysts said
- • Saab will probably upgrade its long-term financial targets, but that may take 2-3 quarters, Carnegie said
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