STOCK EXCHANGE: The bank slapped a tough target price on Revenio – Share up more than 8%

The Helsinki stock exchange opened on Tuesday on a cheerful note. The stock exchange’s general index opened with a rise of 0.64 percent to 13,728.43 points.

In the morning, a health technology company was at the top of the exchange Revenuewhose stock shot up 8.6 percent after the stock market opened.

DNB Carnegie raised Revenio’s target price late last night from 15 euros to 21.60 euros.

At the same time, DNB Carnegie raised the company’s recommendation from hold to buy.

A discount company that issued a positive earnings warning Confused increased by 2.3 percent.

According to the company, its comparable sales development at the beginning of the year has been better than expected. Puuilo’s profitability has also been supported by the positive development of the sales margin and successful cost management.

Puuilo predicts the turnover for the 2026 financial year to be 495–515 million euros and the adjusted EBITDA to be 87–97 million euros.

According to the company’s press release, the outlook for the fiscal year contains uncertainties related to changes in purchasing power and consumer behavior. In addition, according to the company, geopolitical crises and international tensions can have an impact on product availability and prices.

New target prices

Yankee bank Morgan Stanley raised in the morning Nordic target price to 19 euros from the previous 17.30 euros. Morgan Stanley downgraded Nordea’s stock recommendation to hold from the previous add.

Nordea’s share rose 0.5 percent after the stock market opened.

Nokian the share rose 1.6 percent at the opening. Liquid the stock rises sharply for the second day in a row as a result of the increase in the price of oil. Neste was up 2.0 percent in the morning.

In Europe, stock markets opened largely down. The Euro Stoxx 50 index opened down 0.1 percent. In Germany, the DAX index fell 0.6 percent at the opening. France’s CAC 40 index rose by 0.1 percent.

Wall Street is expected to open slightly higher later in the afternoon.

At the time of review, the future of the flagship index Dow Jones was up 0.04 percent, the future of the broad S&P 500 index was up 0.01 percent, and the index future of the technology-focused Nasdaq was up 0.10 percent.

By Editor

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