SEB Equities has issued a series of buy recommendations for several Swedish technology and telecommunications companies, including Hexatronic, Inwido, Mycronic, and Nokia.
The upgrades were reported by Dagens Industri on Thursday, highlighting a shift in analyst sentiment toward these specific market segments.
The batch of positive calls comes as the broader Stockholm market faces headwinds.
The Swedish benchmark index retreated on Thursday morning, reflecting cautious investor positioning despite pockets of strength in individual large-cap names.
While the overall market direction was negative, the analyst upgrades provide a counter-narrative for the specific tech and telecom stocks involved.
Among the broader market movers, SKF and Saab emerged as the best performers among large-cap stocks, according to market data.