Norsk Hydro Asa (0Q11): New Buy Recommendation for This Basic Materials Giant
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Morgan Stanley's Ioannis Masvoulas maintained a Buy rating on Norsk Hydro Asa with a price target of NOK82.00. The company's shares closed at NOK74.88. Masvoulas has an average return of 6.7% and a 61.69% success rate. The analyst consensus rating is Moderate Buy with an average price target of NOK77.82. RBC Capital also maintained a Buy rating with a NOK82.00 price target.
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