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UBS has upgraded Saab to a "buy" rating with a target price of SEK 525. Saab AB is a leading designer and manufacturer of defense and security systems, with sales primarily from defense electronics (33.3%), aeronautics (26.1%), and weapons systems (22.2%). The company generates significant revenue from Sweden (41%) and Europe (24.8%), among other regions.
UBS has upgraded Saab to a "buy" rating with a target price of SEK 525. Saab AB is a leading designer and manufacturer of defense and security systems, with sales primarily from defense electronics (33.3%), aeronautics (26.1%), and weapons systems (22.2%). The company generates significant revenue from Sweden (41%) and Europe (24.8%), with additional markets in North America, Asia, and Latin America.
UBS has upgraded Saab to a Buy rating with a target price of SEK 525. Saab AB is a leader in defense and security systems, with net sales primarily from electronic defense systems (33.3%), aeronautical systems (26.1%), and armaments (22.5%), among others. Geographically, sales are concentrated in Sweden (41%) and Europe (24.8%).
European stocks are set for a mixed open as traders await earnings reports from major companies like Barclays and Unilever, amid a backdrop of declining U.S. markets. The U.K.’s FTSE 100 is expected to rise slightly, while Germany’s DAX and France’s CAC are projected to open lower. Global sentiment has been affected by the recent downturn in U.S. indices, with the Dow experiencing its largest one-day loss since early September.
Saab AB
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ubs upgrades saab to buy with target price of sek 525
08:15 24.03.2025
ubs upgrades saab to buy with target price of sek 525
08:15 24.03.2025
ubs upgrades saab to buy with target price of sek 525
08:15 24.03.2025
european stocks mixed as traders await earnings amid us market declines
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