Pirelli & C SpA Upgraded to “Neutral” at Goldman Sachs (PC)

Goldman Sachs upgraded shares of Pirelli & C SpA (EU: PC) from a sell rating to a neutral rating in a report issued on Thursday, AnalystRatings.Net reports. They currently have €9.80 ($12.73) target price on the stock, up from their previous target price of €7.60 ($9.87).

Separately, analysts at HSBC cut their price target on shares of Pirelli & C SpA from €8.36 ($10.86) to €7.60 ($9.87) in a research note to investors on Thursday, April 11th. They now have an overweight rating on the stock.

Panasonic Corporation is a Japan-based electronics manufacturer. The Audio-Visual Computer (EU: PC) Network segment offers audio and video equipment.