Norsk Hydro downgraded at J.P. Morgan on Alunorte gas cost risks
Norsk Hydro OTC:NHYDY OTC:NHYKF down 3.4% in Friday's trading as J.P. Morgan downgraded the aluminum producer to Neutral from Overweight and lowered its price target to 97 Norwegian kroner from 116 kroner, saying Q4 EBITDA faces risks from disrupted natural gas supply and cost uncertainty at its Al…
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