Outotec Upgraded to Hold at SEB Equity Research (M6Q)
Outotec (EU:M6Q) was upgraded by research analysts at SEB Equity Research from a “sell” rating to a “hold” rating in a report released on Monday, ARN reports. The firm currently has a €8.50 ($11.64) price target on the stock, down from their previous price target of €9.00 ($12.33).
Separately, analysts at Goldman Sachs Group Inc. downgraded shares of Outotec from a “neutral” rating to a “sell” rating in a research note to investors on Friday, October 11th. Four research analysts have rated the stock with a sell rating and two have given a hold rating to the company. The stock presently has a consensus rating of “Sell” and an average target price of €9.64 ($13.20).
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