Carnegie upgrading its recommendation on DNO from hold to buy. According to TDN Finans select number breakers to scale up our price target from four to nine million.
The brokerage believes the most important message in DNO’s quarterly report Thursday was that the company will resume investments in Kurdistan region of Iraq after the Kurdish regional government (KRG ) has started to pay DNO in accordance with the production sharing agreement.
analysts DNB Markets belongs to the optimists in the industry. They repeat their purchase recommendation and operates with a price target of 15 million, according to TDN Finans.
ABG Sundal Collier maintains Hold recommendation on DNO with price target of seven million.
friday morning we read the numbers breakers in Nordea Markets downgrade DNO from a buy recommendation to a hold recommendation. Course objective is set at 6.50 million.
During last year the stock fell more than 60 percent.
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