UBS maintains buy rating for Nordea Bank with target price of 143 kronor

UBS has given Nordea Bank Abp a "Buy" rating with a target price of 143 Swedish kronor.

Analyst Johan Ekblom stated that Nordea's performance in the third quarter met market expectations. Ekblom's report, released on October 17, 2024, highlighted that Nordea has restarted its share buyback program, indicating confidence in its financial position. This move is expected to increase shareholder value as the bank continues to navigate the current economic landscape.

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