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Alfa Laval Rises 2.4% After Danske Upgrades to Buy

24/11 10:17


  • (PLX AI) – Alfa Laval shares rose 2.4% after Danske Bank raised the stock to buy from hold.
  • • Price target raised to SEK 435 from SEK 370
  • • Alfa Laval has upside potential to orders from HVAC&R and a cyclical recovery, Danske said
  • • Alfa also has margin upside potential on stronger than expected leverage, while medium-term portfolio shift could reduce volatility and accelerate growth to above target: Danske