Nordea expects a strong report from the home automation company Plejd in the fourth quarter, with about 30 percent sales growth and an EBIT margin of 26.9 percent, up 40 basis points year over year. The bank makes only minor adjustments to its forecasts and reiterates a Buy recommendation. The target price is lowered to SEK 1,000 from SEK 1,015, corresponding to an EV/EBIT multiple of about 24 for 2027. Nordea points to new product launches, continued growth in the commercial segment, and the Netherlands as an important catalyst.