12-05-2025
Thule Group upgraded to Buy from Hold at Jefferies
Jefferies upgraded Thule Group (THUPY) to Buy from Hold with a price target of SEK 290, down from SEK 340. The firm says that despite growing concerns about a potential recession in the U.S., Thule has shown 'resilience through stable performance in Europe.' With the stock's valuation 'nearing historic lows,' Jefferies upgrades the shares to Buy.
Protect Your Portfolio Against Market Uncertainty
Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
