| Over a month ago | ||||
Citi analyst Vivek Midha… Citi analyst Vivek Midha upgraded Wartsila to Buy from Neutral with an EUR 11 price target. The company has structural growth support from decarbonization as a top-three player in the market for battery storage system integration, the analyst tells investors in a research note. | ||||
JPMorgan analyst Andreas… JPMorgan analyst Andreas Willi lowered the firm's price target on Wartsila to EUR 8.20 from EUR 8.70 and keeps an Underweight rating on the shares. | ||||
Deutsche Bank analyst… Deutsche Bank analyst John Kim raised the firm's price target on Wartsila to EUR 13 from EUR 11 and keeps a Buy rating on the shares. | ||||
Danske Bank analyst Panu… Danske Bank analyst Panu Laitinmaki upgraded Wartsila to Buy from Hold with a EUR 10 price target. | ||||
Morgan Stanley analyst… Morgan Stanley analyst Max Yates raised the firm's price target on Wartsila to EUR 8.30 from EUR 7.80 and keeps an Equal Weight rating on the shares. | ||||
| Over a quarter ago | ||||
Deutsche Bank analyst… Deutsche Bank analyst John Kim initiated coverage of Wartsila with a Buy rating and EUR 11 price target. The market is currently pricing in negative growth plus permanent margin erosion, which seems "overdone," Kim tells investors in a research note. He sees a "mechanical improvement" in margins into fiscal 2023 as Wartsila's backlog clears. | ||||
RBC Capital analyst… RBC Capital analyst Sebastian Kuenne downgraded Wartsila to Sector Perform from Outperform with a price target of EUR 8.50, down from EUR 9. The analyst sees seeing worsening issues around the company's exit from engine production in Trieste, Italy. Wartsila's agreement with the Italian government could result in higher costs, Kuenne tells investors in a research note. | ||||
JPMorgan analyst Andreas… JPMorgan analyst Andreas Willi lowered the firm's price target on Wartsila to EUR 8.70 from EUR 9.20 and keeps an Underweight rating on the shares. | ||||
Morgan Stanley analyst… Morgan Stanley analyst Max Yates assumed coverage of Wartsila with an Equal Weight rating and EUR 8 price target. The analyst says it is too early to turn constructive on the later-cycle capital goods group. While the stocks have "some interesting drivers" of EBITDA in medium term, cost pressures are likely to continue into 2023, Yates tells investors in a research note. | ||||
Citi analyst Vivek Midha… Citi analyst Vivek Midha raised the firm's price target on Wartsila to EUR 8.50 and keeps a Neutral rating on the shares. | ||||
