Analysts Upgrade Boozt Stock Amid Turnaround Hopes
Boozt stock upgraded to 'buy' as analysts anticipate a turnaround after recent losses.
- • SEB upgrades Boozt shares to 'buy' after losses
- • Analysts hopeful for recovery in the second half of 2025
- • Market opened with little movement but Boozt shares surged
- • Overall positive sentiment in the market due to external factors
Key details
On August 18, 2025, Boozt's stock received renewed optimism following an upgrade from SEB, which raised its recommendation to 'buy.' This comes after the company reported disappointing losses in previous quarters, signaling a possible turning point as analysts express hope for a recovery in the second half of the year.
The stock market opened relatively flat, with minimal fluctuations noted across various shares. However, Boozt's performance stood out as the share value soared on the back of this new recommendation. Douglas Ekberg provided market analysis, suggesting that investor confidence may be shifting positively towards Boozt amid an overall cautious market environment.
This upgrade follows a decline seen after last week’s report, where analysts had previously expressed concerns regarding the company's trajectory. As Asian stock markets trend upwards in anticipation of a key summit in Washington, the atmosphere for Swedish stocks appears cautiously optimistic, with Boozt leading the charge for recovery.