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   <title>JPMorgan Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
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   <description>&lt;p&gt;JPMorgan analyst Pavan Mahbubani upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Underweight to Neutral with a price target of EUR24.30 (from EUR17.80).&lt;/p&gt;&lt;p&gt;The analyst comments: “We upgrade Fortum to Neutral following yesterday’s announcement of a 22-year PPA with Google for a data center supplied by the Loviisa nuclear plant, and incorporating the higher Nordic forward prices we have seen in recent weeks. We were surprised to see the premium paid by Google over the Nordic forward curve, which signals to us that supply/demand will be tighter than we expected by 2030: on our estimates, the PPA between Google and Fortum was</description>
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   <title>JPMorgan Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
   <link>http://www.streetinsider.com/Upgrades/JPMorgan+Upgrades+Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+to+Neutral/27044104.html</link>
   <description>&lt;p&gt;JPMorgan analyst Pavan Mahbubani upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Underweight to Neutral with a price target of EUR24.30 (from EUR17.80).&lt;/p&gt;&lt;p&gt;The analyst comments: “We upgrade Fortum to Neutral following yesterday’s announcement of a 22-year PPA with Google for a data center supplied by the Loviisa nuclear plant, and incorporating the higher Nordic forward prices we have seen in recent weeks. We were surprised to see the premium paid by Google over the Nordic forward curve, which signals to us that supply/demand will be tighter than we expected by 2030: on our estimates, the PPA between Google and Fortum was</description>
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   <title>JPMorgan Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/JPMorgan+Upgrades+Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+to+Neutral/27044104.html</link>
   <description>&lt;p&gt;JPMorgan analyst Pavan Mahbubani upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Underweight to Neutral with a price target of EUR24.30 (from EUR17.80).&lt;/p&gt;&lt;p&gt;The analyst comments: “We upgrade Fortum to Neutral following yesterday’s announcement of a 22-year PPA with Google for a data center supplied by the Loviisa nuclear plant, and incorporating the higher Nordic forward prices we have seen in recent weeks. We were surprised to see the premium paid by Google over the Nordic forward curve, which signals to us that supply/demand will be tighter than we expected by 2030: on our estimates, the PPA between Google and Fortum was</description>
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   <title>JPMorgan Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
   <link>http://www.streetinsider.com/Intl+Ratings/JPMorgan+Upgrades+Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+to+Neutral/27044104.html</link>
   <description>&lt;p&gt;JPMorgan analyst Pavan Mahbubani upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Underweight to Neutral with a price target of EUR24.30 (from EUR17.80).&lt;/p&gt;&lt;p&gt;The analyst comments: “We upgrade Fortum to Neutral following yesterday’s announcement of a 22-year PPA with Google for a data center supplied by the Loviisa nuclear plant, and incorporating the higher Nordic forward prices we have seen in recent weeks. We were surprised to see the premium paid by Google over the Nordic forward curve, which signals to us that supply/demand will be tighter than we expected by 2030: on our estimates, the PPA between Google and Fortum was</description>
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   <title>JPMorgan Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
   <link>http://www.streetinsider.com/Upgrades/JPMorgan+Upgrades+Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+to+Neutral/27044104.html</link>
   <description>&lt;p&gt;JPMorgan analyst Pavan Mahbubani upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Underweight to Neutral with a price target of EUR24.30 (from EUR17.80).&lt;/p&gt;&lt;p&gt;The analyst comments: “We upgrade Fortum to Neutral following yesterday’s announcement of a 22-year PPA with Google for a data center supplied by the Loviisa nuclear plant, and incorporating the higher Nordic forward prices we have seen in recent weeks. We were surprised to see the premium paid by Google over the Nordic forward curve, which signals to us that supply/demand will be tighter than we expected by 2030: on our estimates, the PPA between Google and Fortum was</description>
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   <title>JPMorgan Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/JPMorgan+Upgrades+Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+to+Neutral/27044104.html</link>
   <description>&lt;p&gt;JPMorgan analyst Pavan Mahbubani upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Underweight to Neutral with a price target of EUR24.30 (from EUR17.80).&lt;/p&gt;&lt;p&gt;The analyst comments: “We upgrade Fortum to Neutral following yesterday’s announcement of a 22-year PPA with Google for a data center supplied by the Loviisa nuclear plant, and incorporating the higher Nordic forward prices we have seen in recent weeks. We were surprised to see the premium paid by Google over the Nordic forward curve, which signals to us that supply/demand will be tighter than we expected by 2030: on our estimates, the PPA between Google and Fortum was</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR14.60 at UBS</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR14.60+at+UBS/26815583.html</link>
   <description>UBS analyst Wanda Serwinowska raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR14.60  (from EUR13.20) while maintaining a Sell rating.</description>
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   <pubDate>Mon, 27 Jul 2026 06:31:06 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR14.60 at UBS</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR14.60+at+UBS/26815583.html</link>
   <description>UBS analyst Wanda Serwinowska raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR14.60  (from EUR13.20) while maintaining a Sell rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR14.60 at UBS</title>
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   <description>UBS analyst Wanda Serwinowska raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR14.60  (from EUR13.20) while maintaining a Sell rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR14.60 at UBS</title>
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   <description>UBS analyst Wanda Serwinowska raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR14.60  (from EUR13.20) while maintaining a Sell rating.</description>
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   <pubDate>Mon, 27 Jul 2026 06:31:06 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR15 at Kepler Cheuvreux</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR15+at+Kepler+Cheuvreux/26803517.html</link>
   <description>Kepler Cheuvreux analyst Emanuele Oggioni raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR15.00  (from EUR12.50) while maintaining a Reduce rating.</description>
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   <pubDate>Thu, 23 Jul 2026 05:49:17 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR15 at Kepler Cheuvreux</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR15+at+Kepler+Cheuvreux/26803517.html</link>
   <description>Kepler Cheuvreux analyst Emanuele Oggioni raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR15.00  (from EUR12.50) while maintaining a Reduce rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR15 at Kepler Cheuvreux</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR15+at+Kepler+Cheuvreux/26803517.html</link>
   <description>Kepler Cheuvreux analyst Emanuele Oggioni raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR15.00  (from EUR12.50) while maintaining a Reduce rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR15 at Kepler Cheuvreux</title>
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   <description>Kepler Cheuvreux analyst Emanuele Oggioni raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR15.00  (from EUR12.50) while maintaining a Reduce rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR17.80 at JPMorgan</title>
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   <description>JPMorgan analyst Vincent Ayral raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR17.80  (from EUR17.20) while maintaining a Underweight rating.</description>
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   <pubDate>Wed, 22 Jul 2026 04:15:56 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR17.80 at JPMorgan</title>
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   <description>JPMorgan analyst Vincent Ayral raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR17.80  (from EUR17.20) while maintaining a Underweight rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR17.80 at JPMorgan</title>
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   <description>JPMorgan analyst Vincent Ayral raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR17.80  (from EUR17.20) while maintaining a Underweight rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR17.80 at JPMorgan</title>
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   <description>JPMorgan analyst Vincent Ayral raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR17.80  (from EUR17.20) while maintaining a Underweight rating.</description>
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   <description>JPMorgan analyst Vincent Ayral raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR17.20  (from EUR16.00) while maintaining a Underweight rating.</description>
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   <description>JPMorgan analyst Vincent Ayral raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR17.20  (from EUR16.00) while maintaining a Underweight rating.</description>
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   <description>JPMorgan analyst Vincent Ayral raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR17.20  (from EUR16.00) while maintaining a Underweight rating.</description>
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   <description>Goldman Sachs analyst Alberto Gandolfi raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR17.10  (from EUR15.00) while maintaining a Sell rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR17.10 at Goldman Sachs</title>
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   <description>Goldman Sachs analyst Alberto Gandolfi raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR17.10  (from EUR15.00) while maintaining a Sell rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR17.10 at Goldman Sachs</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR17.10+at+Goldman+Sachs/26199522.html</link>
   <description>Goldman Sachs analyst Alberto Gandolfi raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR17.10  (from EUR15.00) while maintaining a Sell rating.</description>
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