JPMorgan Upgrade Sparks Nearly 10% Jump in Hemnet Shares
Hemnet shares climbed sharply after JPMorgan moved its rating from Underweight to Overweight and raised its price target to SEK 126 from SEK 81. The upgrade reversed a prior November 2025 downgrade and rested on a view that valuation is now attractive and that listing volumes - a key operating metric - should rebound over the next year. The stock's…