National Bank axes share price target on Vestas

(ADPnews) - Dec 23, 2010 - National Bank AG has slashed its share price target on Danish wind-turbine maker Vestas Wind Systems A/S (CPH:VWS) to DKK 250 from DKK 375, however keeping its "buy" recommendation on the stock.

The market is generally positive towards the company, which got 17 "buy", six "neutral" and 10 "sell" ratings in a recent analyst poll by SME Direkt.

(DKK 1.0 = USD 0.176/EUR 0.134)

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Published Dec 23, 2010 19:00 CEST

Author Mariyana Yaneva

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