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Credit Suisse raises recommendation for Swedish banks
Wednesday, 28 March 2012
The four major Swedish banks have had a upward adjustment in price
targets from Credit Suisse though it believes that "it is too early to
sell."
According to an analysis dated March 28, SEB, which is the investment
bank Top Options and appearing on its "Focus List", has seen its target
price adjusted upwards to Skr56 per share from Skr52.
The target price of Nordea is Skr71, up from Skr67 billion, with the recommendation Outperform.
Swedbank and Handelsbanken have both neutral recommendation with target
rates Skr118 and Skr225, formerly it was Skr110 and Skr213.
By Scancomark.se Team
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