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SEB cuts target on Novo Nordisk to DKK400

2 November 2009 - SEB reduced the share price target on Danish pharma company Novo Nordisk A/S (CPH: NOVO B) to DKK400 from DKK415 but retained the "buy" rating on the stock.

By 14:46 CET on Monday, the shares in Novo Nordisk had edged up 0.40% to DKK316.25 on the OMX Nordic Exchange in Copenhagen.

(EUR1 = DKK7.4)

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