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ABG Analyst expects significant costs increase at Coloplast

ABG Sundal Collier has lowered its recommendation for Coloplast from "hold" to "sell" as it anticipates that the medtech company's costs will increase considerably in the future.

Photo: Coloplast / PR

Coloplast has had its recommendation lowered to "sell" from "hold" by the investment bank ABG Sundal Collier.

The share price target has also been lowered to DKK 900 (USD 140) from DKK 1141 (USD 177).

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