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Denmark’s largest mortgage lender, Nykredit Realkredit A/S, has agreed to acquire Spar Nord Bank A/S for approximately 24.7 billion kroner ($3.5 billion). The deal, which values Spar Nord at 210 kroner per share, has received the recommendation of Spar Nord’s board.
UBS has maintained a 'Neutral' rating for Novo Nordisk, setting a price target of 1100 Danish crowns. This decision reflects recent trends in prescription rates for weight-loss drugs in the USA, as noted by analyst Jo Walton in a study published on December 9, 2024.
UBS has maintained a "Neutral" rating for Novo Nordisk, setting a target price of 1100 Danish kroner. Despite the reavailability of the weight loss drug Wegovy, analyst Jo Walton noted a lack of significant demand increase in the US market.
UBS has maintained a 'Neutral' rating for Novo Nordisk, setting a target price of 1100 Danish crowns. Despite the reavailability of the weight loss drug Wegovy, analyst Jo Walton noted a lack of significant demand increase in the USA.
UBS has reduced its target price for Rockwool A/S to DKK 2,800 from DKK 3,075 while maintaining a neutral stance on the company. Rockwool, a global leader in rock wool insulation and sealing products, generates 77.1% of its net sales from insulation and waterproofing products, with a significant presence in Western Europe (58.7%). The company operates 51 production sites worldwide, with additional sales in Eastern Europe, Russia, and other regions.
UBS has reduced its price target for Vestas Wind Systems A/S to DKK 175 from DKK 245 while maintaining a Buy rating. The company, a leading wind turbine manufacturer, expects to deliver 2,554 turbines with a total capacity of 12,685 MW by 2023, with net sales primarily from turbine sales (76.8%) and services (23.2%). Geographically, sales are distributed across Europe/Middle East/Africa (46.4%), the United States (20%), and other regions.
UBS has reduced its price target for Vestas from 245 to 175 Danish crowns while maintaining a "Buy" rating. Analyst Supriya Subramanian noted that disappointing margins in recent quarters and the US presidential election results are now reflected in the stock price, although earnings forecasts for 2024 to 2026 have been significantly lowered.
UBS has reduced its price target for Vestas from 245 to 175 Danish crowns while maintaining a "Buy" rating. Analyst Supriya Subramanian noted that disappointing margins in recent quarters and the US presidential election results are likely already reflected in the stock price, although earnings forecasts for 2024 to 2026 have been significantly lowered.
UBS has reduced its price target for Vestas Wind Systems from 245 to 175 Danish crowns while maintaining a "buy" rating. Analyst Supriya Subramanian cited disappointing margins in recent quarters and the impact of the US presidential election as factors influencing the share price, alongside a significant cut in earnings forecasts for 2024 to 2026.
UBS has faced scrutiny over its historical ties to slavery, with researchers revealing multiple connections to the slave trade through its predecessor institutions. Despite calls for an independent investigation, UBS has dismissed these findings, claiming a lack of evidence while keeping many archives closed to public access. The legacy of Swiss financial institutions in the transatlantic slave trade remains largely unexamined, highlighting a reluctance to confront this dark chapter of history.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Nykredit to acquire Spar Nord Bank in 3.5 billion dollar deal
08:40 10.12.2024
UBS Maintains Neutral Rating for Novo Nordisk with 1100 Kroner Target
17:19 09.12.2024
ubs maintains neutral rating for novo nordisk amid stagnant demand for wegovy
15:13 02.12.2024
ubs maintains neutral rating for novo nordisk with target price of 1100 kroner
15:00 02.12.2024
ubs lowers rockwool target price to dkk 2800 maintains neutral stance
10:07 29.11.2024
ubs lowers price target for vestas while maintaining buy rating
10:06 28.11.2024
UBS reduces Vestas price target to 175 crowns while maintaining buy rating
10:01 28.11.2024
UBS lowers Vestas price target but maintains buy rating amid earnings forecast cuts
08:13 28.11.2024
ubs cuts vestas price target to 175 kroner maintains buy rating
07:13 28.11.2024
ubs faces scrutiny over historical ties to slavery and colonialism
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