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Article: Goldman Sachs updates Holmen, SCA, Norske Skog, Stora Enso.
- Article from:
- Nordic Business Report
- Article date:
- September 4, 2009
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NORDIC BUSINESS REPORT-4 September 2009-Goldman Sachs updates Holmen, SCA, Norske Skog, Stora Enso(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
4 September 2009 - Goldman Sachs cut to "sell" the ratings on Swedish paper maker Holmen AB (STO: HOLM B) and Norwegian rival Norske Skog (OSL: NSG), while raising to "neutral" Swedish hygiene and paper group Svenska Cellulosa AB (STO: SCA B).
The broker also upgraded the share price target on Finnish paper maker Stora Enso Oyj (HEL: STERV) to EUR8.29 from EUR6.30 and added the stock to its "conviction buy" ...