ALK to take short-term blows from price squeezing and potential recession, says bank

Wage inflation, price pressure, and a brewing recession are turning up the heat on allergy group ALK, at least for the time being, says Danske Bank.

by marketwire, translated by daniel pedersen

Danish bank Danske Bank has lowered its recommendation for allergy firm ALK’s stock from ”buy” to ”hold,” slashing the company’s share price target from DKK 185 to DKK 140 (USD 24.7 to USD 18.7) at the same time.

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ALK expands Danish headquarters
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