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JP Morgan Downgrades Sandvik to Neutral, Cuts PT

MT Newswires·07/22/2026 08:30:46
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08:30 AM EDT, 07/22/2026 (MT Newswires) -- JP Morgan on Wednesday downgraded Swedish engineering company Sandvik (SAND.ST) to neutral from overweight and lowered the price target to 400.00 kronor from 460.00 kronor. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)