Research Analyst at Bank of America Corporation
Tore Fangmann is an Analyst at Bank of America Securities with a focus on European industrial technology, notably covering companies such as AutoStore and others within the general sector. He covers 10 stocks and his performance metrics on TipRanks include a 22% success rate and an average return per rating of -9.2%, with some notable outperforming calls such as a 37.8% return on IT:TGYM from November 2023 to November 2024. Fangmann has established himself in the analyst community through detailed coverage of both large-cap and mid-cap industrials, contributing consensus estimates to investor relations platforms. His professional credentials and securities licensing details are not publicly disclosed but he is listed as a Bank of America Securities research analyst as of at least August 2025.
Tore Fangmann of Bank of America Corporation asked if Metso is experiencing negative pricing pressure, particularly for steel-heavy equipment, as mentioned by a peer.
Sami Takaluoma, President and CEO, stated directly that Metso is not seeing that kind of pricing pressure in its customer discussions for its equipment and projects.