Swedish analysts issue new stock recommendations and price targets

Several Swedish companies have received new stock recommendations and price target adjustments from various financial institutions.

Instalco has been upgraded from 'hold' to 'buy' by Pareto Securities, which raised its price target from 44 to 48 SEK. Analysts cite improved pricing and the phasing out of low-margin projects as profitability drivers, noting an unmotivated discount compared to sector peer Bravida. Similarly, Firefly received a 'buy' recommendation from Aktiespararna following a quarterly turnaround where revenue rose 30 percent year-over-year. Aktiespararna set a price target of 207 SEK.

Other notable movements include: - Cellavision: Arctic initiated coverage with a 'buy' recommendation and a target of 205 SEK. - Cibus Real Estate: Nordea downgraded the stock from 'buy' to 'hold', lowering the target to 145 SEK. - Castellum: Nordea Markets raised the target to 150 SEK while maintaining a 'buy' rating. - Axfood: SEB Equities raised the target to 257 SEK, maintaining a 'hold' rating. - Pandox B and PPI Public Property Invest: Both were downgraded to 'hold' by Nordea.