🟢 Saab AB is trading 5.1% up today after Morgan Stanley double-upgrade and price target hike

Saab AB is trading 5.1% up at SEK 543.30 following a rare double-upgrade from Morgan Stanley and a significant price target hike.

• Morgan Stanley raised its rating to Overweight and increased the 12-month target to SEK 700, citing a materially stronger earnings trajectory and a rapidly expanding order book.
• The upgrade is supported by major recent contracts for submarines and Gripen fighter jets, which are expected to bolster the company's long-term growth profile.
• Investors are also positioning for potentially strong growth ahead of the Q2 2026 results scheduled for release on July 17.