Voestalpine Shares Surge as JPMorgan Issues Stunning Upgrade

A dramatic reversal in analyst sentiment has propelled Voestalpine back into the investment spotlight. In a move that caught market attention, JPMorgan Chase & Co. has not only upgraded its rating on the Austrian steel producer but has substantially increased its price expectations. This development raises the question: is the company approaching its most significant turnaround in recent memory?

The American investment bank shifted its recommendation from “Neutral” to “Overweight,” indicating anticipation of above-average performance. The most compelling aspects of their analysis, however, lie in the detailed financial projections:

• Significant EBITDA growth: Increases of 15% projected for 2026, followed by a substantial 35% surge in 2027
• Steel price Read more...