SEB Upgrades Kinnevik to Buy, Sees 21% Upside After 20% Rally

SEB has reinstated a 'buy' rating on Kinnevik, citing a turning tide, with a 21% upside target. The stock has already risen over 20% since the rating was removed, indicating momentum. This is a single-broker call, not a broad market signal, but it may reflect improving sentiment toward the stock.