Kongsberg Gruppen downgraded to Reduce from Hold at Kepler Cheuvreux

Kepler Cheuvreux analyst Martin Granviken downgraded Kongsberg Gruppen (NSKFF) to Reduce from Hold with a price target of NOK 1,100, down from NOK 1,126. The firm thinks the stock’s valuation limits further upside post the Q4 report.

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