The US investment bank, Schroder Salomon Smith Barney (SSSB), has upgraded its recommendation on the Danish brewing group, Carlsberg, from “underperform” to “in-line”. The bank also raised its price target on Carlsberg’s shares to DKr250 (US$35.9/€33.7) from DKr212 (US$30.5/€28.5).
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