Arjo Falls 6% After Carnegie Downgrades to Hold

• (PLX AI) - Arjo shares fell 6% in early trading after Carnegie cut the stock to hold from buy.
• • Q3 was impressive, with financial targets reached 2 years early, but with the stock up 80% since April, the broker decided to downgrade
• • Price target raised to SEK 130 from SEK 115
• • NOTE: Arjo buy recommendations were reiterated at Danske and Nordea, while SEB maintained hold