July 7, 2026 05:00 AM GMT Nordic Defence | Europe M Idea Saab (OW) Over Kongsberg (UW) | What's Changed | | | | --- | --- | --- | | Saab AB (SAABb.ST) | From | To | | Rating | Underweight | Overweight | | Price Target | SKr 540.00 | SKr 700.00 | | Kongsberg Gruppen ASA (KOG.OL) | | | | Rating | Equal-weight | Underweight | | Price Target | NKr 310.00 | NKr 330.00 | We prefer Saab (double upgrade to OW) over KOG (downgrade to UW). Saab offers clearer upgrade risk from strong order momentum not yet reflected ...