Berenberg trims Bodycote and Senior ratings amid volatility
Berenberg said the sector has benefited from structural investment themes, including AI-linked “picks and shovels” trades, plus operational improvements and steady M&A interest, despite sentiment-driven sharp intra-year volatility.
Berenberg said sector has been buoyed by exposure to structural investment themes - including AI—linked "picks and shovels" trades - alongside ongoing operational improvements and a steady flow of M&A interest, even as sentiment swings have driven sharp intra—year volatility.The German bank said it…