Goldman Sachs upgraded Norsk Hydro (NHYDY) to Buy from Sell with a price target of NOK 120, up from NOK 69. The company is well positioned to benefit from the “material supply side shock” of the aluminum market from the Iran war, the analyst tells investors in a research note.
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Read More on NHYDY:
- Norsk Hydro upgraded to Outperform from Sector Perform at RBC Capital
- Norsk Hydro price target raised to NOK 103 from NOK 99 at JPMorgan
- Norsk Hydro upgraded to Hold from Sell at Danske Bank
- Norsk Hydro price target raised to NOK 87 from NOK 82 at Morgan Stanley
- Norsk Hydro upgraded to Buy from Neutral at Citi
