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News 2026-10-15 08:52 UTC

BUZZ — Berenberg ups NKT on upcoming medium — term catalysts

* Berenberg upgrades Danish power cable maker NKT to "buy" from "hold" and raises its PT by 35% to DKK 1,110 ($166.64), as it expects capacity expansion to drive a sharp increase in earnings and free cash flow from 2027 * As investments normalise, incremental operational expenses are absorbed, and the execution of high