Pareto raises its recommendation for investment company Investor to buy from hold with a target price of SEK 328 from 317.

"As the unlisted assets grow, Investor becomes harder to replicate and given that it is a portfolio of market-leading companies generating strong cash flow, growth and margins, along with opportunities for further acquisitions and dividends, there are many reasons to seek exposure. Moreover, we see significant upside to PAS' target prices in the listed portfolio, providing further support for NAV growth," the research house writes.

The stock is down 0.1 percent to SEK 296.3.