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Mowi upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Alex Sloane upgraded Mowi to Overweight from Equal Weight with a price target of NOK 250, up from NOK 222. With the resource rent tax saga largely in the rear-view mirror, greater valuation support and a solid fundamental outlook for 2024, the firm turns positive on the Norwegian salmon space, the analyst tells investors in a research note.

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