Nel ASA Stock Sees Drop After Goldman Sachs Adjustment of Rating and Target Price

Nel ASA Stock Sees Drop After Goldman Sachs Adjustment of Rating and Target Price

Nel ASA is a Norwegian company whose stock has seen significant growth since mid-October. Goldman Sachs analysts have now adjusted their rating for the stock from „buy“ to „neutral“ and raised their target price from 15 NOK to 20 NOK. In response, the stock has dropped 2.4% in Euro terms and 1.3% in NOK terms.

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Picture source: Shaun Dakin


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