MS sees AutoStore 'past the worst', ups to 'equal-weight'

AutoStore Holdings

18/08/2025 12:36

** Morgan Stanley upgrades AutoStore AUTO.OL to "equal-weight" from "underweight" saying the Norwegian automated storage systems firm's quarterly results suggest the cycle troughed in Q1

** The broker says the company is "past the worst", and raises its 2025-2027 estimates by 37%/22%/1% respectively

** MS sees the risk-reward more balanced; raises PT by 60% to NOK 8

** Out of 17 analysts that cover the AutoStore, six rate it "buy"/"strong buy", nine "hold", and two rate "sell"/"strong sell" - LSEG Data

 (Reporting by Marta Frackowiak)

 ((marta.frackowiak@thomsonreuters.com))