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Carlsberg: in the green with a broker upgrade

(CercleFinance.com) - Carlsberg gains 1% on the OMX, on the back of a recommendation upgrade by UBS from 'sell' to 'neutral' on the Scandinavian brewer's stock, with a price target raised from DKK 790 to DKK 990.


'Higher investments in marketing and sales, financed by supply chain efficiency, favor a better growth profile and greater P&L flexibility', highlights the broker.

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