UBS maintains neutral rating for Volvo with ambitious market share target

UBS has given Volvo B a "Neutral" rating and a target price of 274 Swedish kronor.

The company aims to capture a 25 percent market share in North America, which will require significant effort.

The analysis, published on November 19, 2024, reflects UBS"s cautious stance on Volvo"s growth prospects in the competitive commercial vehicle sector.

The report highlights the challenges Volvo may face in achieving its market ambitions in the region.

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