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UBS Upgrades Metso to Buy with Target Price of EUR 13.70
UBS has upgraded Metso Outotec Oyj to a Buy rating, raising the target price from EUR 11.70 to EUR 13.70. The company specializes in designing and maintaining equipment for the metallurgical and mining industries, with 75% of its net sales from mining and 25% from the aggregates sector. Geographically, its sales are distributed across various regions, with North and Central America accounting for 23.4% and Asia/Pacific for 20.1%.
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