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Kion Group upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley analyst Max Yates upgraded Kion Group to Overweight from Equal Weight with a price target of EUR 62, up from EUR 48. Concerns around EU IP momentum, cost inflation and earnings risk have created an attractive entry point into "one of the leaders in the warehouse automation space," the analyst tells investors.

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Morgan Stanley analyst Max Yates upgraded Kion Group to Overweight from Equal Weight with a price target of EUR 62, up from EUR 48.

Concerns around EU IP momentum, cost inflation and earnings risk have created an attractive entry point into "one of the leaders in the warehouse automation space," the analyst tells investors.