UBS cuts Wartsila to 'neutral' after rally, sees data centre upside easing

Wartsila Oyj Abp

28/05/2026 11:05

** UBS cuts Finnish industrial group Wartsila WRT1V.HE to "neutral" from "buy," saying the stock's strong rally leaves limited near-term upside
** The broker sees risk/reward as now balanced after the shares doubled over the past year
** Further gains from data centre momentum are likely to be more limited, the broker adds
** It also flags rising competition and the risk of overcapacity, and sees 2026 as a potential peak in order momentum
** Wartsila shares down about 3% by 1002 GMT
** Until yesterday's close the stock gained 20% since start of the year

(Reporting by Elviira Luoma)
((Elviira.luoma@thomsonreuters.com))