The investment bank, Credit Suisse First Boston (CSFB), has upgraded the German brewer, Holsten Brauerei, from "neutral" to "outperform" on the back of the predicted consolidation in the German brewing sector.
The investment bank, Credit Suisse First Boston (CSFB), has upgraded the German brewer, Holsten Brauerei, from “neutral” to “outperform” on the back of the predicted consolidation in the German brewing sector.
CSFB doubled its target price on Holsten to €44 based on speculation that the major shareholder may sell all or part of his 48% stake in the brewer.
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