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   <title>UBS Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
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   <description>&lt;p&gt;UBS analyst Wanda Serwinowska upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Sell to Neutral with a price target of EUR24.50 (from EUR14.60).&lt;/p&gt;&lt;p&gt;The analyst comments: “In our view, Fortum has for some time been pricing in a material data centre (DC) opportunity. Recently, we saw the first evidence that Fortum can monetise this opportunity, with the signing of a 4TWh PPA with Google. This gives credibility to Fortum's DC story, and we see the signing of further deals at a premium as now more likely. The signed PPA and higher power prices drive a 45% increase in our 2030 EPS estimate.</description>
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   <pubDate>Fri, 02 Oct 2026 03:16:43 -0400</pubDate>
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   <title>UBS Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
   <link>http://www.streetinsider.com/Upgrades/UBS+Upgrades+Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+to+Neutral/27137994.html</link>
   <description>&lt;p&gt;UBS analyst Wanda Serwinowska upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Sell to Neutral with a price target of EUR24.50 (from EUR14.60).&lt;/p&gt;&lt;p&gt;The analyst comments: “In our view, Fortum has for some time been pricing in a material data centre (DC) opportunity. Recently, we saw the first evidence that Fortum can monetise this opportunity, with the signing of a 4TWh PPA with Google. This gives credibility to Fortum's DC story, and we see the signing of further deals at a premium as now more likely. The signed PPA and higher power prices drive a 45% increase in our 2030 EPS estimate.</description>
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   <title>UBS Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/UBS+Upgrades+Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+to+Neutral/27137994.html</link>
   <description>&lt;p&gt;UBS analyst Wanda Serwinowska upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Sell to Neutral with a price target of EUR24.50 (from EUR14.60).&lt;/p&gt;&lt;p&gt;The analyst comments: “In our view, Fortum has for some time been pricing in a material data centre (DC) opportunity. Recently, we saw the first evidence that Fortum can monetise this opportunity, with the signing of a 4TWh PPA with Google. This gives credibility to Fortum's DC story, and we see the signing of further deals at a premium as now more likely. The signed PPA and higher power prices drive a 45% increase in our 2030 EPS estimate.</description>
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   <pubDate>Fri, 02 Oct 2026 03:16:43 -0400</pubDate>
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   <title>UBS Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
   <link>http://www.streetinsider.com/Intl+Ratings/UBS+Upgrades+Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+to+Neutral/27137994.html</link>
   <description>&lt;p&gt;UBS analyst Wanda Serwinowska upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Sell to Neutral with a price target of EUR24.50 (from EUR14.60).&lt;/p&gt;&lt;p&gt;The analyst comments: “In our view, Fortum has for some time been pricing in a material data centre (DC) opportunity. Recently, we saw the first evidence that Fortum can monetise this opportunity, with the signing of a 4TWh PPA with Google. This gives credibility to Fortum's DC story, and we see the signing of further deals at a premium as now more likely. The signed PPA and higher power prices drive a 45% increase in our 2030 EPS estimate.</description>
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   <pubDate>Fri, 02 Oct 2026 03:16:43 -0400</pubDate>
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   <title>UBS Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
   <link>http://www.streetinsider.com/Upgrades/UBS+Upgrades+Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+to+Neutral/27137994.html</link>
   <description>&lt;p&gt;UBS analyst Wanda Serwinowska upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Sell to Neutral with a price target of EUR24.50 (from EUR14.60).&lt;/p&gt;&lt;p&gt;The analyst comments: “In our view, Fortum has for some time been pricing in a material data centre (DC) opportunity. Recently, we saw the first evidence that Fortum can monetise this opportunity, with the signing of a 4TWh PPA with Google. This gives credibility to Fortum's DC story, and we see the signing of further deals at a premium as now more likely. The signed PPA and higher power prices drive a 45% increase in our 2030 EPS estimate.</description>
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   <pubDate>Fri, 02 Oct 2026 03:16:43 -0400</pubDate>
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   <title>UBS Upgrades Fortum OYJ (FORTUM:FH) (FOJCY) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/UBS+Upgrades+Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+to+Neutral/27137994.html</link>
   <description>&lt;p&gt;UBS analyst Wanda Serwinowska upgraded Fortum OYJ (FORTUM:FH) (OTC: FOJCY) from Sell to Neutral with a price target of EUR24.50 (from EUR14.60).&lt;/p&gt;&lt;p&gt;The analyst comments: “In our view, Fortum has for some time been pricing in a material data centre (DC) opportunity. Recently, we saw the first evidence that Fortum can monetise this opportunity, with the signing of a 4TWh PPA with Google. This gives credibility to Fortum's DC story, and we see the signing of further deals at a premium as now more likely. The signed PPA and higher power prices drive a 45% increase in our 2030 EPS estimate.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR23 at Berenberg</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR23+at+Berenberg/27125252.html</link>
   <description>Berenberg analyst Andrew Fisher raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR23.00  (from EUR19.00) while maintaining a Hold rating.</description>
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   <pubDate>Wed, 30 Sep 2026 07:25:05 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR23 at Berenberg</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR23+at+Berenberg/27125252.html</link>
   <description>Berenberg analyst Andrew Fisher raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR23.00  (from EUR19.00) while maintaining a Hold rating.</description>
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   <pubDate>Wed, 30 Sep 2026 07:25:05 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR23 at Berenberg</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR23+at+Berenberg/27125252.html</link>
   <description>Berenberg analyst Andrew Fisher raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR23.00  (from EUR19.00) while maintaining a Hold rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR23 at Berenberg</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR23+at+Berenberg/27125252.html</link>
   <description>Berenberg analyst Andrew Fisher raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR23.00  (from EUR19.00) while maintaining a Hold rating.</description>
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   <pubDate>Wed, 30 Sep 2026 07:25:05 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR23 at RBC Capital</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR23+at+RBC+Capital/27125129.html</link>
   <description>RBC Capital analyst Alexander Wheeler raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR23.00  (from EUR17.50) while maintaining a Sector Perform rating.</description>
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   <pubDate>Wed, 30 Sep 2026 07:02:53 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR23 at RBC Capital</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR23+at+RBC+Capital/27125129.html</link>
   <description>RBC Capital analyst Alexander Wheeler raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR23.00  (from EUR17.50) while maintaining a Sector Perform rating.</description>
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   <pubDate>Wed, 30 Sep 2026 07:02:53 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR23 at RBC Capital</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR23+at+RBC+Capital/27125129.html</link>
   <description>RBC Capital analyst Alexander Wheeler raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR23.00  (from EUR17.50) while maintaining a Sector Perform rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Raised to EUR23 at RBC Capital</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Raised+to+EUR23+at+RBC+Capital/27125129.html</link>
   <description>RBC Capital analyst Alexander Wheeler raised the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR23.00  (from EUR17.50) while maintaining a Sector Perform rating.</description>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Lowered to EUR24.20 at JPMorgan</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Lowered+to+EUR24.20+at+JPMorgan/27086655.html</link>
   <description>JPMorgan analyst Pavan Mahbubani lowered the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR24.20  (from EUR24.30) while maintaining a Neutral rating.</description>
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   <pubDate>Tue, 22 Sep 2026 02:14:51 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Lowered to EUR24.20 at JPMorgan</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Lowered+to+EUR24.20+at+JPMorgan/27086655.html</link>
   <description>JPMorgan analyst Pavan Mahbubani lowered the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR24.20  (from EUR24.30) while maintaining a Neutral rating.</description>
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   <pubDate>Tue, 22 Sep 2026 02:14:51 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Lowered to EUR24.20 at JPMorgan</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Lowered+to+EUR24.20+at+JPMorgan/27086655.html</link>
   <description>JPMorgan analyst Pavan Mahbubani lowered the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR24.20  (from EUR24.30) while maintaining a Neutral rating.</description>
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   <pubDate>Tue, 22 Sep 2026 02:14:51 -0400</pubDate>
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   <title>Fortum OYJ (FORTUM:FH) (FOJCY) PT Lowered to EUR24.20 at JPMorgan</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Fortum+OYJ+%28FORTUM%3AFH%29+%28FOJCY%29+PT+Lowered+to+EUR24.20+at+JPMorgan/27086655.html</link>
   <description>JPMorgan analyst Pavan Mahbubani lowered the price target on Fortum OYJ (FORTUM:FH) (OTC: FOJCY) to EUR24.20  (from EUR24.30) while maintaining a Neutral rating.</description>
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   <pubDate>Tue, 22 Sep 2026 02:14:51 -0400</pubDate>
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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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   <pubDate>Thu, 10 Sep 2026 02:47:31 -0400</pubDate>
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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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   <pubDate>Thu, 10 Sep 2026 02:47:31 -0400</pubDate>
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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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   <pubDate>Thu, 10 Sep 2026 02:47:31 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">FOJCY</category>
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  <item>
   <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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   <pubDate>Thu, 10 Sep 2026 02:47:31 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">FOJCY</category>
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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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