EQT AB Sees Stock Price Soar to New Heights

In a significant development, EQT AB, a leading financial investment firm, has witnessed its stock price experience a remarkable surge in recent days. The company’s shares have broken through to a new high, eclipsing its previous 52-week peak. This upward trend is largely attributed to positive analyst forecasts, which have injected fresh optimism into the market.

Citigroup, a prominent investment bank, has been a key driver of this momentum. The bank has raised its price target for EQT to 380 kronor, a significant increase from its previous estimate of 335 kronor. Moreover, Citigroup has reaffirmed its “buy” recommendation for EQT, further solidifying the company’s position as a top investment opportunity.

But EQT’s success story doesn’t end there. The company has made a strategic acquisition that is expected to have a profound impact on its global presence and investment portfolio. EQT has agreed to purchase Adevinta’s Spanish online advertising business, a move that is expected to be completed in the first quarter of 2026. This acquisition is seen as a bold expansion of EQT’s reach and a testament to its commitment to growth and innovation.

Key Highlights:

• EQT’s stock price has reached a new high, surpassing its previous 52-week peak
• Citigroup has raised its price target for EQT to 380 kronor and reaffirmed its “buy” recommendation
• EQT has agreed to acquire Adevinta’s Spanish online advertising business, a move expected to be completed in Q1 2026
• The acquisition is seen as a strategic expansion of EQT’s global presence and investment portfolio