{
Volvo Bk Köping

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}

Volvo shares rise as UBS upgrades stock to neutral amid positive outlook

Volvo shares rose 1.9% after UBS upgraded the stock to "neutral" from "sell," citing improved 2025 forecasts despite ongoing challenges in the heavy-duty truck market. UBS noted that Volvo's pricing strategy and inventory management position the company favorably for a gradual recovery, particularly in North America. Upcoming order intake figures and insights from the Capital Markets Day are expected to provide further clarity on Volvo's market strategy.
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13:39 25.10.2024
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