Morgan Stanley Maintains Overweight on NHYDY (Norsk Hydro ASA) Feb 24 2026
On February 24, 2026, Morgan Stanley maintained an Overweight rating on NHYDY (Norsk Hydro ASA) and raised its price target to NOK 87 from NOK 82. The NHYDY analyst rating action signals continued conviction in Hydro’s aluminium fundamentals and cost outlook. Morgan Stanley’s note came at 12:26 PM and coincided with a small intraday stock move of 0.11% ($0.01). We see this maintained rating as a vote of confidence that could matter for income and cyclical investors.
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