GN Store Nord: UBS raises target price, shares not reacting

(CercleFinance.com) - This morning UBS analysts lifted their target price for the Danish hearing aid and headsetmaker GN Store Nord to 325 Danish kronor from 305 Danish kronor, while maintaining a "neutral" rating on the stock.


However, the move had not any impact on the share price, which is currently down 0.4% at 331.4 Danish kronor on Friday morning on the Nasdaq Nordic market.

Note that the GN Store Nord share has risen by over 9% in the past three trading sessions, after reporting strong second-quarter results on Wednesday, with the company's outlook also upgraded for 2018.

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