JPMorgan analyst rating updates for global equities

JPMorgan has issued several updated analyst ratings and price targets for a variety of international companies across multiple sectors.

In the technology and industrial sectors, the bank raised its price target for Hana Microelectronics to 61.00 THB while maintaining a ‘Buy’ rating. For ASML Holding, JPMorgan lowered its price target to $2,350 but kept an ‘Overweight’ rating. Regarding Thyssenkrupp, the bank increased the price target to 17 Euro while maintaining a ‘Neutral’ rating, citing expectations of rising steel prices. It also maintained a ‘Neutral’ rating for Schneider Electric.

In the consumer and energy sectors, JPMorgan maintained an ‘Overweight’ rating for Michelin with a 42 euro target. It raised the price target for Givaudan from 3,700 to 4,100 Swiss francs, confirming an ‘Overweight’ rating following strong growth in its Fragrance & Beauty sector. Finally, the bank maintained a ‘Neutral’ rating for TotalEnergies with a price target of 85 euros, noting a deterioration in European refining margins.