Volvo B has been upgraded by UBS from "Sell" to "Neutral," with a higher price target of 274 Swedish kronor. The analyst, Hemal Bhundia, believes that the company's outlook for 2025 will address concerns about a potential downturn.
The adjustment is based on the fact that the current share price already reflects the challenging conditions in Europe and North America, which are expected to improve in the latter half of 2025. This positive outlook is likely to boost investor confidence in Volvo B going forward.